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Which extraordinary gains or losses are reported

Assignment Help Financial Accounting
Reference no: EM132694047

Problem 1: Extraordinary gains or losses are reported

a on the income statement after income from continuing operations and net of any tax impact from the gain or loss.

b on the income statement as a part of income from continuing operations.

c as a part of comprehensive income items net of any tax impact from the gain or loss, not a part of computing net income.

d only in the footnotes.

Reference no: EM132694047

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