Agar Company reported net income of $25,000 in 2008. It had the following amounts related to its

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Agar Company reported net income of $25,000 in 2008. It had the following amounts related to its pension plan in 2008: Actuarial liability gain $10,000; Unexpected asset loss $13,000; Accumulated other comprehensive income (G/L) (beginning balance), zero. Determine for 2009
(a) Agar’s other comprehensive income, and
(b) Comprehensive income.

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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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