XYZ Corporation holds passive share investments in LMN Ltd. If XYZ Corporation follows the Fair...
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Accounting
XYZ Corporation holds passive share investments in LMN Ltd If XYZ Corporation follows the Fair Value through Other Comprehensive Income FVOCI model, where are realized gains or losses from the sale reported? Question options: Retained Earnings Net Income A separate reserve account Other Comprehensive Income OCI
XYZ Corporation holds passive share investments in LMN Ltd If XYZ Corporation follows the Fair Value through Other Comprehensive Income FVOCI model, where are realized gains or losses from the sale reported?
Question options:
Retained Earnings
Net Income
A separate reserve account
Other Comprehensive Income OCI
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