Accumulated comprehensive income

A) Reports items included in net income which are excluded from comprehensive income.
B) Reports items included in comprehensive income which are excluded from net income.
C) Is reported on the balance sheet as part of total assets.
D) Is reported on the balance sheet in the "mezzanine" section between liabilities and stockholders' equity.

Accumulated Comprehensive Income

The total of all net income and other comprehensive income items that have been accumulated over the life of a company.

Net Income

The total profit or loss a company generates from its operations, after subtracting all expenses, taxes, and costs.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.