Which of the following are acceptable formats for reporting comprehensive income?
i. in one continuous financial statement
ii. in a statement of changes in equity
iii. in a separate statement of net income
iv. in two separate but consecutive financial statements

The acceptable format for reporting comprehensive income are 1. In one continuous financial statement and 4. In two separat but consecutive financial statements.

If a firm that presents a full set of financial statements has items of other comprehensive income it must present comprehensive income either (1) in a single continuous statement of comprehensive income or (2) in two separate but consecutive statements.

answer: life insurance

explanation:

answer; decentralized;