Accumulated Comprehensive income is included as part of
A)retained earnings.
B)net income.
C)shareholders' equity.
D)unearned revenue.

Question

Quizplus · Accepted Answer

Accumulated comprehensive income is a component of shareholders' equity in the balance sheet of a company. It represents the total change in the value of a company's assets and liabilities that have not been included in net income, including gains and losses from foreign currency translation, unrealized gains and losses on available-for-sale securities, and adjustments from pension plans. It is not considered part of retained earnings, net income, or unearned revenue.

Accumulated Comprehensive Income Is Included as Part of