Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer all parts (: gable inc. provide

please answer all parts (: Gable Inc. provided you with...

90.2K

Verified Solution

Question

Accounting

please answer all parts (: image
image
Gable Inc. provided you with the following information for the year ended December 31, 2021: . . . Sales Cost of goods sold Selling, general, and administrative expenses Unrealized holding loss on marketable equity securities Dividend revenue Interest revenue from available for sale securities Realized gain from selling available for sale securities Realized loss from selling marketable equity securities Reclassification adjustment for gain included in net income Unrealized holding gain on available for sale securities Income tax expense $ 650,000 490,000 73,000 3,000 2,000 9,000 29,000 21,000 29,000 8,000 22,000 . Required: Gable reports its comprehensive income in two separate but consecutive statements. Prepare Gable's statement of comprehensive income for the year ended December 31, 2021. I Problem 2 answers

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students