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What are the components of comprehensive income

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Reference no: EM132825240

Questions -

Q1. Define income, expense, gain, and loss. What is the difference between profit or loss comprehensive income?

Q2. What are the components of comprehensive income?

Q3. What are the two forms of income statement?

Q4. Which form of income statement is required?

Q5. Define equity.

Q6. Define statement of changes in equity.

Q7. Define statement of retained earnings.

Reference no: EM132825240

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