Use the following information of Prescrip Co. to prepare a calendar year-end statement of comprehensive income. Total

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Use the following information of Prescrip Co. to prepare a calendar year-end statement of comprehensive income.

Total comprehensive income (final total).. Net income.. Change in value of available-for-sale securities...... $ 9,400 1

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Fundamental Accounting Principles

ISBN: 978-1259916960

24th edition

Authors: John J Wild, Ken Shaw

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Question Posted: Jul 10, 2019 07:24 AM

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Use the following information of Prescrip Co. to prepare a calendar year-end statement of comprehensive income. Total

Question:

Total comprehensive income (final total).. Net income.. Change in value of available-for-sale securities...... $ 9,400 10,000 Other comprehensive income (subtotal)..... $ (600) Change in foreign currency translation...... 1,400 (2,000)

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