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Which of the following is included in comprehensive income? Foreign currency translation adjustments Payment of dividend...

Which of the following is included in comprehensive income?

Foreign currency translation adjustments

Payment of dividend

Purchase of capital assets

Owners' investments
business   accounting   
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Answer #1

Correct answer---- Foreign currency translation adjustment.

.

Comprehensive income includes earned income and unrealized income such as return from long term investment, Foreign currency gains, hedge or derivative income.

Payment of dividend, purchase of capital asset or owner's investment are not income.

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