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Where Are Gains and Losses on Agricultural Activity Reported in the Financial

Question 19

Multiple Choice

Where are gains and losses on agricultural activity reported in the financial statements?


A) Gains are recorded through profit and loss, but losses should be recorded in other comprehensive income.
B) Losses are recorded through profit and loss, but gains should be recorded in other comprehensive income.
C) Gains and losses are recorded through profit and loss, and nothing should be recorded in other comprehensive income.
D) Gains and losses are recorded in other comprehensive income, and nothing should be recorded through profit and loss.

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