« previous next »

Author Question: Which of the following is an acceptable method to report total comprehensive income? a. On the ... (Read 62 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jul 6, 2018
Which of the following is an acceptable method to report total comprehensive income?
 
  a. On the face of thebalance sheet.
  b. Total comprehensive income does not have to be reported.
  c. In the operating section of the cash flow statement.
  d. In the statement of stockholders' equity.

Question 2

Frank Delivery Services establishes a Change Fund of 100 . At the end of the day, Frank Delivery Services had 1,230 on hand. The journal entry to record the day's receipts would include a
 a. debit to Change Fund.
   b. credit to Income from Services.
   c. debit to Petty Cash Fund.
   d. none of the answers listed.


at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
How to solve a linear system by the substitution method How to solve a linear system by the substitution method
How Health Interacts with Income How Health Interacts with Income
Delta Method Example Delta Method Example
Total parenteral nutrition through a catheter in the right subclavian Total parenteral nutrition through a catheter in the right subclavian
Concrete Pathway (Modified Offset Method) Concrete Pathway (Modified Offset Method)
Video: Simple Diffusion - Ion transport

For a complete list of videos, visit our video library