Exercise 13-14A

In 2015, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company still operators its retail outlets. A listing of the major sections of an income statement follows: A Income (loss) from continuing operations B. income (loss) form operating, or gain (loss) from disposing, a discontinued segment c. Extraordinary gain (loss) indicate where each of the following income-related items for this company appears on its 2015 income statement by writing the letter of the appropriate section in the blank beside each item In 2015, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company still operators its retail outlets. A listing of the major sections of an income statement follows: A Income (loss) from continuing operations B. income (loss) form operating, or gain (loss) from disposing, a discontinued segment c. Extraordinary gain (loss) indicate where each of the following income-related items for this company appears on its 2015 income statement by writing the letter of the appropriate section in the blank beside each item