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Reporting Comprehensive Income, Retained Earnings, Accumulated OCI The following excerpts are from the annual financial statements of KPNG , Inc. Required NOTE: Use a negative
Reporting Comprehensive Income, Retained Earnings, Accumulated OCI
The following excerpts are from the annual financial statements of KPNG Inc.
Required
NOTE: Use a negative sign with any answer that is a loss.
a What is comprehensive income loss for the current year ended December
What is the accumulated other comprehensive income loss as of December of the current year?
Retained earnings, December Prior Year
Net income loss
Retained earnings, December Current Year $
c Prepare a reconciliation of accumulated other comprehensive income loss from December of the prior year to December of the current year.
Accumulated other comprehensive income loss December Prior Year
Other comprehensive income loss
Accumulated other comprehensive income loss December Current Year
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