Solution-Boey company reported net income

Boey company reported net income

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1. Boey Company reported net income of $25,000 in 2011. It had the following amounts related to its pension plan in 2011: Actuarial liability gain $10,000; Unexpected asset loss $14,000; Accumulated other comprehensive income (G/L) (beginning balance), zero. Determine for 2011

(a) Boey's other comprehensive income, and

(b) Comprehensive income.

Reference no: EM131109199

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Boey company reported net income : Boey Company reported net income of $25,000 in 2011. It had the following amounts related to its pension plan in 2011: Actuarial liability gain $10,000; Unexpected asset loss $14,000;

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Boey company reported net income

Reference no: EM131109199

Reference no: EM131109199

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