Question
AOCI 703 APIC 40,570 Change in foreign currency translation net of tax 566 Change in unrealized gain/loss on available for sale investments net (90) Common
AOCI 703
APIC 40,570
Change in foreign currency translation net of tax 566
Change in unrealized gain/loss on available for sale investments net (90)
Common Stock 14
Cost of revenue 5,454
Dividends 3,614
General and administrative 2,517
Interest and other income (expense), net 391
Marketing and sales 4,725
Net income attributable to noncontrolling int 14
Provision for income taxes 4,660
Research and development 7,754
Retained Earnings 21,670
Revenue $ 40,653
Weighted average shares used to compute earnings per share attributable to common stockholders: 2,901
Requirement 1 Using the partial trial balance (will not balance) given above, create an income statement, statement of comprehensive income and statement of changes stockholders equity
Requirement 2 Please describe what would change on the statements you prepared if there was an unrealized loss on an available for sale security that was discovered and not included in the trial balance given. Please explain all the changes that will be needed to correct the financial statements prepared.
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