Question
Which of the following statements isnot true? a.The comprehensive income is defined as a change in equity (net assets) of a business for a period.
Which of the following statements isnot true?
a.The comprehensive income is defined as a "change in equity (net assets) of a business for a period.
b.The comprehensive income should be reported only on income statement below the net income figure.
c.Under US GAAP,
d.Comprehensive income is a concept based
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
