Question
Using Interrelations of Financial Statements Answer each of the following separate questions. a. Given comprehensive income of $86.000, and other comprehensive income of $8,000,
Using Interrelations of Financial Statements Answer each of the following separate questions. a. Given comprehensive income of $86.000, and other comprehensive income of $8,000, determine net income for the same period. $ 0 b. Given accumulated other comprehensive income on January 1 of $1.120,000 (credit), and other comprehensive income for the year of $130.000 (gain), what is accumulated other comprehensive income at year-end? "Indicate a debit balance with a negative sign. $0 c. Assuming no dividend payments, determine net income if retained earnings increased by $40,000. $0 d. Given an ending balance of stockholders' equity of $152.000, an ending balance in no-par common stock of $100.000, and an ending balance in retained earnings of $68,000, determine the ending balance in accumulated other comprehensive income. Indicate a debit balance with a negative sign. $ 0 e. Given the information in part d, can other comprehensive income for the year be determined? Why or why not? f. If cash decreased during the year by $18,000 and ending cash totaled $10,000, determine beginning cash for the period. $0 Please answer all parts of the question.
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