Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the follwing are correct? comprehsnsive i

which of the follwing are correct? comprehsnsive income is a stockholdewrs equirty account with its...

80.2K

Verified Solution

Question

Accounting

which of the follwing are correct?
comprehsnsive income is a stockholdewrs equirty account with its own column on the Statement of stockholders equity.
at year end, net income increase and retained earnigns account and other coimprehsiuve income.
comprehensive income is the bottom line on the income statment and used in most inficla statment ratios
ciomprehensive income plus other comprehensive income equals net income

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

Accounting
1.2K views

1) Describe the financial reporting environment inAustralia.2) Discuss what accounting is and the accounting...1)...

Advance Math
1.2K views

Suppose we modified the Pollard rho method, so the iteration would be f(x) = x^2 mod...

Advance Math
1.2K views

a) The triangle △ ABC is right-angled with right angle at corner C and angle α...

Mechanical Engineering
1.2K views

A heat pump uses groundwater at 12°C as an energy source. If the energy delivered by...

Basic Math
1.2K views

Grande Prairie to Medicine Hat, Alberta, is 1013 km and takes Suzie10 hrs and 45...

Calculus
1.2K views

The energy E in J dissipated by a certain resistor after t seconds is given...

Algebra
1.2K views

The height h in feet of a piece of cloth tied to a waterwheel in...

Algebra
1.2K views

Consider the following observation modelwhere [by 1 b? = 5 b3 = 3 b4 =4)=...

Accounting
1.2K views

1. Determine whether the costs in the table are variable, fixed, mixed, or...

Accounting
1.2K views

Which of the following statements is true? I. If fixed expenses increase by $10,000...

Accounting
1.2K views

Hi-Tek Manufacturing, Inc., makes two types of industrial component partsthe B300 and the T500. An...

Accounting
1.2K views

solve all the requirements please thanks! Dr. Strange Corporation is a small private...