A common concept that many students struggle with is the, Financial Accounting

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A common concept that many students struggle with is the

A common concept that many students struggle with is the idea of comprehensive income. In your own words, explain what this concept means. Can you provide direct examples of items that affect comprehensive income but are not reflected on the income statement? Why do you think FASB would allow these items to bypass the income statement? Do you agree with this treatment? Why or why not?

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