Find the best answers to your questions with the help of IDNLearn.com's expert contributors. Join our community to access reliable and comprehensive responses to your questions from experienced professionals.
When Other Comprehensive Income is a loss, how is Comprehensive Income calculated? How does a Loss in OCI affect Accumulated Other Comprehensive Income (AOCI) For example, I have the following Net Income: $3,000 Other Comprehensive Income (Loss): $100 Comprehensive Income: $3,100 if the formula for comprehensive income is: net income - OCI, why wouldn't comprehensive income be 2900). How does this affect AOCI? Is the change in AOCI on the balance sheet between 2 years going to equal the amount of OCI always?
Sagot :
We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.
