An inexperienced accountant for Silva AG showed the following in the income statement: income before income taxes

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An inexperienced accountant for Silva AG showed the following in the income statement: income before income taxes €450,000 and unrealized gain on non-trading securities (before taxes) €70,000. The unrealized gain on non-trading securities and income before income taxes are both subject to a 25% tax rate. Prepare a correct partial statement of comprehensive income, beginning with income before income taxes?
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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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