Which of the following items is reported in accumulated other comprehensive income?
A) Foreign exchange remeasurement gains and losses
B) Unrealized Losses on trading securities of foreign-based companies
C) Unrealized foreign exchange transaction gains
D) Cumulative foreign exchange transaction loss
C) Unrealised foreign exchange transaction gains
Under the head Accumulated other comprehensive income, all the gains or losses which are not yet realised are accumulated. Once realised those items are transferred to Profit and loss account. TIll then these items are shown under this head in balance sheet in EQUITY
These incomes generally include foreign exchange transaction unrelaised Gains/losses due to hedging or unrealised gains or losses in trading etc..
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