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Prepare a statement of comprehensive income including unusual items. BE13.2 (LO 1), AP An inexperienced accountant for Silva Corporation showed the following in the income
Prepare a statement of comprehensive income including unusual items. BE13.2 (LO 1), AP An inexperienced accountant for Silva Corporation showed the following in the income statement: net income $337,500 and unrealized gain on available-for-sale securities (before taxes) $70,000. The unrealized gain on available-for-sale securities is subject to a 25% tax rate. Prepare a correct statement of comprehensive income. Prepare horizontal analysis. Excel E13-3 (LO 2), AP Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, December 31, 2022 $106,000 400,000 99,000 122,000 $1 par Retained earnings 130,000 155,000 Instructions Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. Prepare horizontal analysis. Excel E13.3 (LO 2), AP Here is financial information for Glitter Inc. December 31, 2022 December 31, 2021 $106,000 400,000 $ 90,000 350,000 65,000 99,000 122,000 90,000 130,000 115,000 155,000 170,000 Instructions Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year
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