What is the accumulated other comprehensive income account?
a. the accumulated other c...
Business, 16.11.2019 04:31 smithlanija65
What is the accumulated other comprehensive income account?
a. the accumulated other comprehensive income account reflects the cumulative profit recognized by the company less the cumulative dividends that have been paid to shareholders.
b. the accumulated other comprehensive income account reflects the cumulative change in balance sheet accounts not recorded in net income nor arising from transactions with shareholders.
c. the accumulated other comprehensive income account reflects the cumulative profit on transactions with shareholders.
d. the accumulated other comprehensive income account reflects the cumulative amount by which the company's common stock has increased or decreased since issuance.
Answers: 1
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