Boey Company reported net income of $25,000 in 2011. It had the following amounts related to its

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Boey Company reported net income of $25,000 in 2011. It had the following amounts related to its pension plan in 2011: Actuarial liability gain $10,000; Unexpected asset loss $14,000; Accumulated other comprehensive income (G/L) (beginning balance), zero. Determine for 2011

(a) Boey’s other comprehensive income,

(b) Comprehensive income.

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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