FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Carla Vista Co. had the following amounts related to its pension plan in 2025.
Actuarial liability loss for 2025
$29,000
Unexpected asset gain for 2025
19,700
Accumulated other comprehensive income (G/L) (beginning balince)
6,800 Cr.
Determine for 2025 (a) Carla Vista's other comprehensive income (loss) and (b) comprehensive income. Net income for 2025 is
$25.500; no amortization of gain or loss is necessary in 2025. (Enter loss using either a negative sign preceding the number eg-25,000 or
parentheses eg. (45,000))
(a)
Other comprehensive income (loss) $
Obl Comprehensive income (loss)
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Transcribed Image Text:Carla Vista Co. had the following amounts related to its pension plan in 2025. Actuarial liability loss for 2025 $29,000 Unexpected asset gain for 2025 19,700 Accumulated other comprehensive income (G/L) (beginning balince) 6,800 Cr. Determine for 2025 (a) Carla Vista's other comprehensive income (loss) and (b) comprehensive income. Net income for 2025 is $25.500; no amortization of gain or loss is necessary in 2025. (Enter loss using either a negative sign preceding the number eg-25,000 or parentheses eg. (45,000)) (a) Other comprehensive income (loss) $ Obl Comprehensive income (loss) eTextbook and Media Save for Later 9300 16200 Attempts: 1 of 3 used Submit Answer
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