Jack's by the Tracks

question 24

Multiple Choice

Jack's by the Tracks. has the following partial balance sheet: What effect will the unrealized gain on available for sales securities have on comprehensive income?

• A) No effect on comprehensive income.
• B) Increase of $800,000 in comprehensive income.
• C) Increase of $8,800,000 in comprehensive income.
• D) Decrease of $800,000 in comprehensive income.

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