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Q3. 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, Decemer 31
Q3. 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, Decemer 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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