Question

The change in equity of an entity during a period from transactions and other events from...

The change in equity of an entity during a period from transactions and other events from non-owner sources is known as:

Multiple Choice

  • net operating income.

  • comprehensive income.

  • net income.

  • net change in assets.

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Answer #1

B. comprehensive income.

The change in equity of an entity during a period from transactions and other events from non-owner sources is known as comprehensive income.

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