What the unrealized gain or loss on the date of transfer be

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Problem 1: Earnings per share is calculated before accounting for which of the following?

a) Preference dividend for the period

b) Ordinary dividend

c) Taxation

d) Minority interest

Problem 2: When an available for sale investment is transferred to held to maturity, the unrealized gain or loss on the date of transfer shall be reported as

a) Component of profit or loss

b) Component of other comprehensive income

c) An adjustment of retained earnings

d) Component of other comprehensive income and amortized through interest income using the effective interest method

Reference no: EM132765883

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