ACC 309 - Management Brief - Milestone One.docx - Management Brief Milestone One Management Brief ACC 309 Final Projects Kristine Paiz Southern New

ACC 309 - Management Brief - Milestone One.docx -...

This preview shows page 1 - 3 out of 3 pages.

Management Brief Milestone One: Management Brief ACC 309 Final Projects Kristine Paiz Southern New Hampshire University 1
Image of page 1
Management Brief Peyton Approved Management Brief Other Comprehensive Income Other comprehensive income consists of many adjustments that have not been recognized so far. Given that Peyton has astonishing securities on its balance sheet date at a price of $5,500,000 are available-for-sale, and market value of the balance sheet to date is $5,235,000; by calculating this, we can figure that the Unrealized Loss on Marketable Securities – Available for Sale is $265,000 where it should be recorded in the balance sheet. The profit/loss is based on the market rate disclosed in the other comprehensive income. Consequently, the sources of other comprehensive income are not included in the net income. Rationale for Comprehensive Income The rationale for identifying in other comprehensive income is the profit/loss on marketable securities in unrealized as on the balance sheet date. This is a reassessment based on
Image of page 2
Image of page 3

You've reached the end of your free preview.

Want to read all 3 pages?

  • Fall '15

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes