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Which of the following is the correct computation of comprehensive income?a.Total Stockholders' Equity ± Accumulated Other Comprehensive Income = Comprehensive Income b.Net Income ± Other Comprehensive Income = Comprehensive Incomec.Retained Earnings ± Other Comprehensive Income = Comprehensive Incomed.None of these choices are correct.

Respuesta :

Answer:

b.Net Income ± Other Comprehensive Income = Comprehensive Income

Explanation:

The formula to compute the correct computation of comprehensive income is shown below:

Comprehensive income = Net income ± other comprehensive income i.e unrealized income it can be gain or loss

where,

Net income is come by deducting the all expenses from all revenues earned during the year

It is a mix of net income and the other comprehensive income