Problem
The adjusted trial balance of Dahlia Company included the following accounts on December 31, 2019:
Sales 9,500,000
Interest revenue 250,000
Gain sale of equipment 100,000
Revaluation surplus during the year 1,200,000
Share of profit of associate 350,000
Cost of goods sold 6,000,000
Finance cost 150,000
Distribution costs 500,000
Administrative expenses 300,000
Translation loss on foreign operation 200,000
Income tax expense 950,000
Task
• Prepare single statement of comprehensive income for the year ended December 31, 2019.
• Prepare Two-statement of comprehensive income.