Question

unrealisedprofitsongoodssoldand includedin stockis deducted from​

Answer 1

Answer:

The holding company's share of the unrealised profit should be reduced from the stock on the asset's side of the consolidated Balance Sheet. 3. The holding company's share of unrealised profit should be reduced from the profit and loss account on the liabilities side of the consolidated Balance Sheet.

Answer 2

Answer:

Unrealized income or losses are recorded in an account called accumulated other comprehensive income, which is found in the owner's equity section of the balance sheet. These represent gains and losses from changes in the value of assets or liabilities that have not yet been settled and recognized.