Question
Blossom Corporation reported the following for 2020: net sales $1,215,000, cost of goods sold $732,200, selling and administrative expenses $337,400, and an unrealized holding gain
Blossom Corporation reported the following for 2020: net sales $1,215,000, cost of goods sold $732,200, selling and administrative expenses $337,400, and an unrealized holding gain on available-for-sale debt securities $21,600.
Collapse question part
(a)
a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.)
BLOSSOM CORPORATION
Statement of Comprehensive Income
choose the accounting period
select a comprehensive income item
$enter a dollar amount
select a comprehensive income item
enter a dollar amount
select a summarizing line for the first part
enter a total of the two previous amounts
select a comprehensive income item
enter a dollar amount
select a summarizing line for the second part
enter a total of the two previous amounts
select a comprehensive income item
enter a dollar amount
select a closing name for this statement
$enter a total amount for this statement
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