Question 1-Electronic Sprll Other Comprehensive Income: Cash flow hedges 3,600 Gains on property revaluation 24,000...

Question 1-Electronic Sprll
Other Comprehensive Income:
Cash flow hedges 3,600
Gains on property revaluation 24,000
The following data was extracted from the Books of Abuja Plc for the year ended 31st
Expenses 750,000
Revenue 1,170,000
December, 2018.
Other comprehensive income for the year 36,999
Available-for-sale financial assets 7,200
Loss for the year from discontinued operations 91,500
Share of other comprehensive income of associates 1,200
Exchange differences on translation 15,000
Actuarial losses 2,001
Income tax expense 75,000
Tax on other comprehensiveincome 12,000
Required: Use Excel to Prepare the Statement of Comprehensive Income for the year
ended 31stDecember, 2018, using single approach basis.?

To get notifications when anyone posts a new answer to this question,
Follow New Answers

Post an Answer

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}

JAMB 2022 CBT Software - Download Now, It's Free!
JAMB 2022 CBT Software Agents - Click Here to Apply

Answers ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}
Ask Your Own Question

Quick Questions

See More Accounting Questions
 
JAMB 2022 CBT Software Agents - Click Here to Apply
JAMB 2022 CBT Mobile App - Download Now, It's Free!
JAMB 2022 CBT Software - Download Now, It's Free!