Comprehensive income: a. is considered an appropriation of retained earnings. b. includes transactions that affect shareholders' equity
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Comprehensive income:
a. is considered an appropriation of retained earnings.
b. includes transactions that affect shareholders' equity with the exception of those transactions that involve owners.
c. includes all transactions that are under management's control.
d. is the result of all events and transactions reported on the statement of earnings.
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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