Total comprehensive income (final total) Net income $8,700 Other comprehensive income (subtotal) ...

80.2K

Verified Solution

Question

Accounting

Total comprehensive income (final total)
Net income
$8,700 Other comprehensive income (subtotal)
Change in value of available-for-sale securities
10,500 Change in foreign currency translation
$(1,800)
(2,800)
1,000
Use the above information of Prescrip Company to prepare a calendar year-end statement of comprehensive income.
Note: Amounts deducted should be indicated by a minus sign.
\table[[Prescrip Company,],[Statement of Comprehensive Income,,],[For Year Ended December 31,,],[,,],[,,],[Total comprehensive income,,]]
image

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