This investment had been purchased in 20X1 at a cost of $ 23 per share. At the end of 20X1, the fair value was $ 24 per share. At the end of 20X2, the fair value was $ 28 per share. The investment was sold in 20X3 at $ 30 per share. No dividends were declared in any year. This is a FVTOCI investment. What would be included in other comprehensive income on the SCI, the equity reserve for holding gains on the SFP ( cumulative), and earnings, in each of 20X1, 20X2, and 20X3? Realized holding gains are transferred to retained earnings.

  • CreatedFebruary 17, 2015
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