The amounts indicated pertain to Royal Fairmont’s trading debt investments, which were purchased on 1/1/21: Cost: $16,000 12/31/21 Fair Value: $15,000 12/31/22 Fair Value: $11,000 The amount included in 2022 Comprehensive Income will be:

loss of $5,000 on adjustment of trading debt investments

Explanation:

The comprehensive income statement records gains and losses on the trading debt investments.

By the end of 2022 the trading debt investments had fallen in value to $11,000 from  $15,000 representing a loss of $5,000 to be adjusted in the income statement.

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number