On its December 31, 2024 balance sheet, Pharoah Company appropriately reported a $10,000 debit balance in its Fair Value Adjustment account. There was no change during 2025 in the composition of Pharoah's portfolio of debt investments held as available-for-sale debt securities. The following information pertains to that portfolio: Security X Y Z Cost O $44000. $0. O $22000. O $16000. $114000 84000 143000 $341000 Fair value at 12/31/25 $136000 78000 93000 $307000 The amount of unrealized loss reported as a component of comprehensive income for the year ending December 31, 2025 is
On its December 31, 2024 balance sheet, Pharoah Company appropriately reported a $10,000 debit balance in its Fair Value Adjustment account. There was no change during 2025 in the composition of Pharoah's portfolio of debt investments held as available-for-sale debt securities. The following information pertains to that portfolio: Security X Y Z Cost O $44000. $0. O $22000. O $16000. $114000 84000 143000 $341000 Fair value at 12/31/25 $136000 78000 93000 $307000 The amount of unrealized loss reported as a component of comprehensive income for the year ending December 31, 2025 is
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:On its December 31, 2024 balance sheet, Pharoah Company appropriately reported a $10,000 debit balance in its Fair Value
Adjustment account. There was no change during 2025 in the composition of Pharoah's portfolio of debt investments held as
available-for-sale debt securities. The following information pertains to that portfolio:
Security
X
Y
Z
Cost
$114000
84000
143000
$341000
O $44000.
$0.
O $22000.
$16000.
Fair value at 12/31/25
$136000
78000
93000
$307000
The amount of unrealized loss reported as a component of comprehensive income for the year ending December 31, 2025 is
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