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Cable Company committed to sell its major division on September 1, 2018. The carrying amount of the division was P2,000,000 and the fair value less
- Cable Company committed to sell its major division on September 1, 2018. The carrying amount of the division was P2,000,000 and the fair value less cost of disposal was P1,750,000. The disposal date is expected to be on June 1, 2019. During 2018, the division reported an operating loss of P100,000. The tax rate is 30%
- How much is the income (loss) from discontinued operations to be reported in the statement of profit or loss?
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Authors: Author
2nd Edition
1264152000, 9781264152001
