Which items are NOT other comprehensive income?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which items are NOT other comprehensive income?
1. Unrealized gain/loss on available-for-sale debt securities
2. Unrealized gain/loss on trading debt securities
3. Foreign currency translation adjustments
4. Unrealized gain/loss on derivatives designated as a fair value hedge
5. Unrealized gain/loss on pension obligation.
6. Unrealized gain/loss on equity securities
O 2, 4, 6
O 1, 2, 3, 4
O 1, 2, 6
O 3, 4, 5
Transcribed Image Text:Which items are NOT other comprehensive income? 1. Unrealized gain/loss on available-for-sale debt securities 2. Unrealized gain/loss on trading debt securities 3. Foreign currency translation adjustments 4. Unrealized gain/loss on derivatives designated as a fair value hedge 5. Unrealized gain/loss on pension obligation. 6. Unrealized gain/loss on equity securities O 2, 4, 6 O 1, 2, 3, 4 O 1, 2, 6 O 3, 4, 5
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