Exercise 15-18 (Algo) Preparing a statement of comprehensive income LO C2 Total comprehensive income (final total) Net income Change in value of available-for-sale securities $9,200 Other comprehensive income (subtotal) 10,200 Change in foreign currency translation (2,000) $ (1,000) 1,000 Use the above information of Prescrip Company to prepare a calendar year-end statement of comprehensive income. Note: Amounts deducted should be indicated by a minus sign. Prescrip Company Statement of Comprehensive Income For Year Ended December 31 Total comprehensive income $

Q: Use EMBG's adjusted trial balance to prepare EMBG's balance sheet for the current year-end. EMBG…

A: Definition: Balance sheet: To Know the financial position of the business balance sheet is prepared.…

Q: How do I see the rest of the answer?

A: Accounting equation is a representation of the balance sheet that shows total assets is equal to the…

Q: For the second question, were you able to show how that problem would be worked out?

A: The par value is stated in the corporate charter and the company cannot issue shares below the par…

Q: I need it solved with the data in my question.  Thanks

A: With the probability based case, the expected NPV is the weighted average of the NPV of different…

Q: What is the project’s PI?

A: The PI index the profitability index of the project. The shows the profitability of the project…

Q: what was the puzzle?  what is a possible solution to solve that puzzle?

A: Puzzle- A puzzle is a game, problem, or toy that tests a personality's ingenuity or information.…

Q: What are the steps to figure this out?

A: Journal: Recording of a business transactions in a chronological order.

Q: How do I solve these?

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: I need step by step on how you came up with the answers.

A: Budgeting - Budgeting is the process of estimating future operations based on past performance. %…

Q: How would I complete this problem fully by hand?

A: Data given: Loan amount is $15,000 Nominal interest rate is 11% n= 1 year

Q: 3. What are the major components of The Sarbanes-Oxley Act?

A: Sarbanes Oxley Act is Act establishment by United States in order to protect the interest of the…

Q: hi, can I get the solution or the computation?, thank you!

A: Journal entries (JF) refers to the very basic step in the accounting cycle and records the daily…

Q: What is BATNA?

A:

Q: What are the Monroe plans?

A: Munroe Plan is a health care service organization that meets the needs of low-income as well as…

Q: I need help with this

A: ‘’Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: How about the second question?

A: As per the accounting standard- the effects of changes in foreign exchange currency, income and…

Q: 1. Sona Manufacturing provided the following information for last month: 3. Sales Variable Costs…

A: There are two type of costs that are being incurred in business. One is fixed costs, which will not…

Q: Uncollectible Accounts-Percentage of Sales and Percentage of Recelvab At the end of the current…

A: We shall answer the first question since the exact one was not specified. Please resubmit a new…

Q: Why was EDI devised?

A: EDI: EDI or Electronic data interchange refers to as a system designed to share encrypted…

Q: What is this question answer?

A: Net realizable value = Estimated Selling Price -  Cost of Completion and Disposal where, Cost of…

Q: What is the heart of ERP system?

A: Given: It is necessary to inquire about the element at the core of the ERP.

Q: Can another formula be used to get the answers?

A: Formula  for calculation of share price=Dividend last year*(1+ Growth rate)(Required rate of return-…

Q: I need help understanding step by step how to slove this

A: Introduction: Direct material: Direct material refers to the material used by the company in…

Q: What are fictional assets, and how do they work?

A: Asset is such resources that has future benefits. It has two types:- tañgible , intangible.…

Q: Explain the benefits of JIT.

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: When is a New AIS is needed?

A: AIS is accounting information system is a whole information system which provides information about…

Q: Big help please

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: I need help with figuring out the solution, thank you.

A: The debtors issues an instrument instead of cash said to be note receivable. In case note is paid…

Q: hi, tutor. What about on the problem 2?

A: Lets undestand the basics. As per accounting equation, total assets are always equal to total equity…

Q: I need help trying to figure out where these go.

A: Petty Cash is the small sum of money maintained by the organisation seperate from Cash to meet small…

Q: What is the concept behind the EOQ model?

A: Economic Order Quantity (EOQ) Model: It is a method of inventory costing that aims to identify the…

Q: How can knowledge open doors ?

A: Solution- Knowledge something that can open many doors, knowledge gives you more opportunities in…