Where on the Statement of Financial Position Would a Company's

Multiple Choice

Where on the statement of financial position would a company's total comprehensive income for the year be included under IFRS?

A) The entire amount will be included in Retained Earnings.
B) The entire amount will be included in Accumulated Comprehensive Income.
C) The amount will be split; Net income will be included in Retained Earnings and Other Comprehensive Income will be included in Accumulated Other Comprehensive Income.
D) The entire amount will be included in Contributed Capital.