Prepare a statement of comprehensive income


Ari Corporation reported the following for 2012: net sales $6,000,000; cost of goods sold $3,750,000; selling and administrative expenses $1,600,000; and an unrealized holding gain on available-for-sale securities $90,000.

Instructions:

Prepare a statement of comprehensive income, using the two-income statement format. Ignore income taxes and earnings per share.

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Accounting Basics: Prepare a statement of comprehensive income
Reference No:- TGS061538

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