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Make the statement of comprehensive income

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Reference no: EM132622234

Question - Rodon Inc. reported the following for 2019:

Net Sales Revenues $ 770,000

Cost of Goods Sold 420,000

Selling and Admin expenses 154,000

Loss on disposal of equipment (12,000)

Unrealized Gain OCI 9,000

Instructions - Make the Statement of comprehensive income. Ignore income tax and EPS. Assume Rodon follows IFRS. Note that the loss on equipment sale is not OCI, but an ancillary gain to be included in Net Income.

Reference no: EM132622234

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