Unrealized gain or loss: In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else. The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

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Answer 1

Question

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

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Answer 2

Question

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

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Answer 3

Question

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

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Answer 4

Question

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

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Answer 5

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

Answer 6

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

Answer 7

Chapter C, Problem 15DQ

To determine

Unrealized gain or loss:

In accounting, realized and unrealized gain and losses are different. A realized gain or loss results from a completed transaction and an unrealized gain or loss results from an uncompleted transaction or a transaction that has occurred on paper only. For example, an increase in stock’s price is an unrealized gain until it is not sold to else.

The amount of foreign currency translation adjustments for the year ended September 28, 2013. Also, identify whether it is an unrealized gain or an unrealized loss.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. C - Prob. 1MCQ Ch. C - Prob. 2MCQ Ch. C - Prob. 3MCQ Ch. C - Prob. 4MCQ Ch. C - Prob. 5MCQ Ch. C - Prob. 1DQ Ch. C - Prob. 2DQ Ch. C - Prob. 3DQ Ch. C - Prob. 4DQ Ch. C - Prob. 5DQ

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Chapter C Solutions