Gains or losses, which bypass profit but affect shareholders equity, will be reported in the category of other comprehensive income.

Name: Gains or losses, which bypass profit but affect shareholders equity, will be reported in the category of other comprehensive income.
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Question

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Other comprehensive income includes gains and losses that are not included in net income but affect shareholders' equity, such as unrealized gains and losses on available-for-sale securities.

Gains or Losses, Which Bypass Profit but Affect Shareholders Equity