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    Financial Accounting Study Set 6
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    Exam 11: The Income Statement the Statement of Stockholders Equity
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    The Gain or Loss on the Disposal of a Business
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The Gain or Loss on the Disposal of a Business

Question 36

Question 36

Multiple Choice

The gain or loss on the disposal of a business segment is shown:


A) on the balance sheet net of the income tax consequences.
B) on the income statement net of the income tax consequences.
C) as part of other comprehensive income.
D) as part of extraordinary items.

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