Comprehensive income would include which of the following? $\begin{array}{ll}&\text { Net Income }&\text { Distributions to Owners }\
I.&\text { No } & \text { No } \
II.&\text { No } & \text { Yes } \
III.&\text { Yes } & \text { No } \
IV.&\text { Yes } & \text { Yee }
\end{array}$
A)I
B)II
C)III
D)IV

Question

Quizplus · Accepted Answer

Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. Therefore, it includes net income but not distributions to owners.

Comprehensive Income Would Include Which of the Following A)I B)II C)III D)IV

Comprehensive Income Would Include Which of the Following A)I
B)II
C)III
D)IV