Accumulated other comprehensive income is presented in the financial statements:_______.
a) on the balance sheet as part of stockholders' equity.
b) either on the income statement or in a separate statement of comprehensive income.
c) in a separate statement only.
d) on the income statement only.

Respuesta :

Answer:

The correct answer is letter "A": on the balance sheet as part of stockholders' equity.

Explanation:

Accumulated Other Comprehensive Income (AOCI) is a general ledger account recorded in the equity section of the Balance Sheet. AOCI represents the gains and losses that are not realized after an investment. It also includes foreign currency adjustments due to conversions at different dates.