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The trial balance for Lindor Corporation, a manufacturing company, for the year ended
December 31,2024 , included the following accounts: The gain on debt securities is unrealized
and classified as other comprehensive income. The trial balance does not include the accrual for
income taxes. Lindor's income tax rate is 25% . Required: Prepare a single, continuous multiple-
step statement of comprehensive income.

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The trial balance for Lindor Corporation- a manufacturing company- for.docx

  • 1. The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31,2024 , included the following accounts: The gain on debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes. Lindor's income tax rate is 25% . Required: Prepare a single, continuous multiple- step statement of comprehensive income.