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Under U.S. GAAP, comprehensive income includes which of the following? Operating Income Yes O A. Investments by Owners No OB. Investments by Owners No Operating
Under U.S. GAAP, comprehensive income includes which of the following? Operating Income Yes O A. Investments by Owners No OB. Investments by Owners No Operating Income No Operating Income OC. Investments by Owners Yes Yes OD. Investments by Owners Operating Income No Yes Which of the following presents the steps for the applied accounting research process in the correct order? O A. establish the facts, search the authoritative literature, identify the issue OB. evaluate the results, write a recommendation, develop conclusions O c. search the authoritative literature, evaluate the results, develop conclusions OD. identify the issue, understand the facts, search the authoritative literature Carroll Company accrued interest of $320 on a $8,000, 8% note payable at December 31. The annual interest payment will be made on July 1. The reversing entry will include a(n) O A. debit to Cash for $320 O B. credit to Interest Payable for $320 OC. credit to Interest Expense of $320 OD. debit to Notes Payable for $8,000
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