Why are discontinued operations and extraordinary items shown net of tax on the income statement?

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Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

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Question Posted: Mar 25, 2015 11:47 AM

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Why are discontinued operations and extraordinary items shown net of tax on the income statement?

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These items are shown net of tax because they appear on the income statement after i...View the full answer

Introduction to Accounting An Integrated Approach

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