Accumulated other comprehensive income is reported:

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Accumulated other comprehensive income is reported:

A. In the balance sheet as an asset.
B. In the balance sheet as a liability.
C. In the balance sheet as a component of shareholders’ equity.
D. In the statement of comprehensive income.

Answer: C

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Accumulated other comprehensive income is reported:

Are you having trouble answering the question “Accumulated other comprehensive income is reported:”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

Accumulated other comprehensive income is reported:

A. In the balance sheet as an asset.
B. In the balance sheet as a liability.
C. In the balance sheet as a component of shareholders’ equity.
D. In the statement of comprehensive income.

Answer: C

We hope you have got the correct answer to your question “Accumulated other comprehensive income is reported:”, which was part of Accounting MCQs & Answers. Thanks for choosing us.

Leave a Reply 0

Your email address will not be published. Required fields are marked *