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The following items were presented for the purpose of determining comprehensive income. Profit for the year- P2,000 Increase in revaluation surplus- P1,000 Increase in unrealized
The following items were presented for the purpose of determining comprehensive income.
•Profit for the year- P2,000
•Increase in revaluation surplus- P1,000
•Increase in unrealized loss at Fair Value through Other Comprehensive Income- P(200)
•Net change in translation of foreign operation- P(400)
•Dividends declared- P(100)
How much is the total comprehensive income?
•Profit for the year- P2,000
•Increase in revaluation surplus- P1,000
•Increase in unrealized loss at Fair Value through Other Comprehensive Income- P(200)
•Net change in translation of foreign operation- P(400)
•Dividends declared- P(100)
How much is the total comprehensive income?
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
