Beginning Balance AOCI = 250,000 Unrealized loss on investments, net of tax - $100,000 Realized loss...

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Question

Beginning Balance AOCI = 250,000 Unrealized loss on investments, net of tax - $100,000 Realized loss...

Beginning Balance AOCI = 250,000

Unrealized loss on investments, net of tax - $100,000

Realized loss on investments, net of tax - $50,000

What is the ending balance in AOCI?

business accounting

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Answer 1

Answer #1

Realized loss is a reclassification from AOCI to income statement.

Ending balance in AOCI is:

Particulars	Amount
Beginning balance	2,50,000
Less: unrealized loss	(1,00,000)
Add: reclassification of realized loss	50,000
Ending balance	2,00,000

Ending balance is $200,000

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Answer 2

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