Management and Organizational Studies 2285 Lecture Notes - Lecture 12: Scott Munter, Book Value, Retained Earnings
7 Jun 2017
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Note: balance in aoci, december 31, 2014 = ,270 debit (,480 ,750) since all securities were purchased in: the anderson shares make up ,580 - ,750 = Gross selling price of 2,500 shares at . The investment had a carrying amount of ,580 at. Unrealized gain or loss - oci 1,600. 1,600 (proof of reclassification amount: + = ,600) Problem 9-4 (continued) (1,000 x . 50) + ,980 = ,480. The purchase entry will be: (b) the total purchase price is: Note: it would be equally correct to prepare a separate entry to adjust each different security, or one combined entry adjusting each security separately. Problem 9-4 (continued) (d) reporting of fv-oci investments. Investments, at fair value with gains and losses in oci $ 879,000. Statement of comprehensive income, year ended dec. 31, 2015. Net income (including any dividend income on shares) Other comprehensive income- items that will not be reclassified to net income:
