Total comprehensive income equals
A)net income plus other comprehensive income.
B)net income plus accumulated other comprehensive income.
C)net income plus comprehensive income.
D)other comprehensive income plus comprehensive income.

Question

Quizplus · Accepted Answer

Total comprehensive income is calculated by adding net income and other comprehensive income together. Other comprehensive income includes revenues, expenses, gains, and losses that are not included in net income but affect the equity of a company.

Total Comprehensive Income Equals