In reporting discontinued operations, the income statement should show in a special section: (a) gains on the

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In reporting discontinued operations, the income statement should show in a special section:

(a) gains on the disposal of the discontinued component.

(b) losses on the disposal of the discontinued component.

(c) Neither

(a) nor (b).

(d) Both

(a) and (b).

AppendixLO1

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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In reporting discontinued operations, the income statement should show in a special section: (a) gains on the

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Financial Accounting Tools For Business Decision Making

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