Ayayai Corp. gave you the following information about its investment in Fahad Corp. shares purchased in May 2023 and accounted for using the FV-OCI method: Cost Fair value, December 31, 2023 Fair value, December 31, 2024 Fair value, December 31, 2025 Show Transcribed Text $43,400 $47.750 $30,500 $37,100 c What will be the balance in Accumulated Other Comprehensive Income on December 31, 2026? (If an answer is zero, please enter O. Do not leave any fields blank.) Balance in Accumulated Other Comprehensive Income $

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ayayai Corp. gave you the following information about its investment in Fahad Corp. shares purchased in May 2023 and accounted for
using the FV-OCI method:
Cost
Fair value, December 31, 2023
Fair value, December 31, 2024
Fair value, December 31, 2025
Show Transcribed Text
$43,400
$47,750
$30,500
$37,100
Ç
Ĉ
What will be the balance in Accumulated Other Comprehensive Income on December 31, 2026? (If an answer is zero, please enter O.
Do not leave any fields blank.)
Balance in Accumulated Other Comprehensive Income $
Transcribed Image Text:Ayayai Corp. gave you the following information about its investment in Fahad Corp. shares purchased in May 2023 and accounted for using the FV-OCI method: Cost Fair value, December 31, 2023 Fair value, December 31, 2024 Fair value, December 31, 2025 Show Transcribed Text $43,400 $47,750 $30,500 $37,100 Ç Ĉ What will be the balance in Accumulated Other Comprehensive Income on December 31, 2026? (If an answer is zero, please enter O. Do not leave any fields blank.) Balance in Accumulated Other Comprehensive Income $
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