The resulting gain or loss from the sale of a non$-$current asset is:

Question $10$ Answer

a$.$

recognised in current period profit or loss, normally with separate disclosure of income and the carrying amount of the asset.

b$.$

recognised in other comprehensive income, normally with separate disclosure of income and the carrying amount of the asset.

c$.$

recognised in other comprehensive income, normally on a net basis.

d$.$

recognised in current period profit or loss, normally on a net basis.