Which of the following is not an acceptable method to report total comprehensive income?
A) On the face of the income statement.
B) In a separate statement of comprehensive income.
C) In the equity section of the balance sheet.
D) In the statement of stockholders' equity.

Question

Quizplus · Accepted Answer

Total comprehensive income cannot be reported in the equity section of the balance sheet. It is typically reported either on the face of the income statement, in a separate statement of comprehensive income, or in the statement of stockholders' equity, but not within the equity section of the balance sheet itself.

Which of the Following Is Not an Acceptable Method to Report