Which of the following presentation formats is permitted by Statement of Financial Accounting Standards No.130,"Reporting Comprehensive Income"?
I.A single statement of income and comprehensive income.
II.Two statements of income,a traditional income statement ending with net income,and a second statement beginning with net income,all the elements of comprehensive income,and a total of comprehensive income.
III.Within the statement of changes in stockholders' equity.
A) Only I
B) I and III
C) I and II
D) I, II, and III
Correct Answer:
Verified
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