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Problem 6: Statement of comprehensive income: The trial balance of Stone Inc. included the following accounts as of December 31, 2018: Stone had 100,000 shares
Problem 6: Statement of comprehensive income: The trial balance of Stone Inc. included the following accounts as of December 31, 2018: Stone had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 40%. Requirement: Prepare a continuous, multiple step statement of comprehensive income for the year ended on December 31, 2018
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