Question

What is the purpose of reporting comprehensive income? to summarize all changes in equity from non-owner sources. to reconcile the difference between net income and cash flows provided from operating activities. to provide a consolidation of the income of the firm's segments. to provide information for each segment of the business?

Answer 1

the purpose of reporting comprehensive income is


to summarize all changes in equity from non-owner sources. ✔✔✔ ..
to reconcile the difference between net income and cash flows provided from operating activities. ❌❌

to provide a consolidation of the income of the firm's segments. ❌❌

to provide information for each segment of the business❌❌

Answer 2

Heya Buddy here is ur answer ⏭️ ⏭️ ⏭️ ⏭️

✔️✔️ To summarise all the changes in equity from non owner sources.✔️✔️

⭕ HOPE IT HELPS ⭕

⭐ By cute Einstein ⭐