Check out our NEW line of Home Care products from Bayes & Odor Assassin in our Cleaning Supplies Sections. We are an authorized independent dealer of Kirby vacuum bags and parts. All of our Kirby supplies are purchased from an authorized Kirby vacuum parts distributor. The Kirby company website address is www.kirby.com.
Accumulated other comprehensive income is a general ledger account that is classified within the equity section of the balance sheet. It is used to accumulate unrealized gains and unrealized losses on those line items in the income statement that are classified within the other comprehensive income category.
It is acceptable to either report components of other comprehensive income net of related tax effects, or before related tax effects with a single aggregate income tax expense or benefit shown that relates to all of the other comprehensive income items.his means that they are instead listed after net income on the income statement. Revenues, expenses, gains and losses appear in other comprehensive income when they have not yet been realized. Something has been realized when the underlying transaction has been completed, such as when an investment is sold.