Business, 20.07.2020 01:01 moisesnunez408

Indicate by letter whether each of the items listed below most likely is reported in the income statement as Net Income (NI) or in the statement of comprehensive income as Other Comprehensive Income (OCI). 1. Increase in the fair value of securities available-for-sale
2. Gain on sale of land
3. Loss on pension plan assets (actual return less than expected)
4. Gain from foreign currency translation
5. Increase in the fair value of trading securities
6. Loss from revising an assumption related to a pension plan
7. Loss on sale of patent
8. Prior service cost
9. Increase in the fair value of bonds outstanding; fair value option
10. Gain on postretirement plan assets (actual return more than expected)

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Indicate by letter whether each of the items listed below most likely is reported in the income stat...

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