Q:

What gains and losses bypass earnings into other comprehensive income?

belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:46

Ibrahimhamm

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2022-07-06

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Ibrahimhamm

2022-07-06

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SFAC No. 5 describes these gains and losses as "principally certain holding gains or losses that are recognized in the period but are excluded from earnings such as some changes in market values of investments and foreign currency translation adjustments.

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