Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter C, Problem 12DQ
Summary Introduction

Concept Introduction:

Statement of comprehensive income is prepared as an extension to the income statement. This statement indicates the unusual income statement items separately. The examples of items covered in the statement of comprehensive income are unrealized gain or loss on investments, foreign current transaction again or loss, etc.

To identify:the amount of change in foreign currency translation for the year ended Sept. 24, 2016.

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