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What the amount reported as loss from discontinued operation

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Question 1: DEF Company committed to sell EasTSouth Bank, a component of business, On October 1,2019. 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 in June 1,2020. EastSouth reported an operating loss of P100,000 for the year ended December 31,2019. Ignoring income tax, The amount reported as loss from discontinued operation in 2019

Reference no: EM132549842

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