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Presented below is certain information pertaining to Ronaldinho Company. Assets, January 1 ---------- $240,000 Assets, December 31 ------ 230,000 Liabilities, January 1 --------- 150,000 Liabilities,
Presented below is certain information pertaining to Ronaldinho Company.
Assets, January 1 ---------- $240,000
Assets, December 31 ------ 230,000
Liabilities, January 1 --------- 150,000
Liabilities, December 31 ----- 120,000
Common stock issued during the year ----- 20,000
Dividends declared and paid during the year ----- 10,000
There was no other changes in stockholders equity except comprehensive income during the year.
Compute the amount of comprehensive income for the year.
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