Chapter 18, Problem 18.15BE

To determine

Comprehensive Income: It’s a measure of company’s total income that includes unrealized gain that has not been received like gain on available for sale securities.

Income Statement: Part of financial statements that lists the income and expenses of business for an accounting period is called income statement. It is prepared at the end of accounting period to know the profitability of a business.

To prepare: The partial statement of comprehensive income.