Jack's by the Tracks. has the following partial balance sheet: JACK'S BY THE TRACKS.
Balance Sheet (partial) What effect will the unrealized gain on available for sales securities have on comprehensive income?
A) No effect on comprehensive income.
B) Increase of $800,000 in comprehensive income.
C) Increase of $8,800,000 in comprehensive income.
D) Decrease of $800,000 in comprehensive income.
Correct Answer:
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