Which of the following is an acceptable method to report total comprehensive income according to U.S. GAAP?

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(a) On the face of the balance sheet.

(b) In the discontinued operations section of the income statement.

(c) In a combined statement of retained earnings and comprehensive income.

(d) In a statement of comprehensive income following the income statement.

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Understanding Financial Statements

ISBN: 9780138114404

12th Edition

Authors: Lyn Fraser, Aileen Ormiston

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Question Posted: Apr 03, 2024 07:00 AM

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Which of the following is an acceptable method to report total comprehensive income according to U.S. GAAP?

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Understanding Financial Statements

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