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On June 1,Team Shirts Sold Its Surfboard Operations and Incurred

Question 112

Multiple Choice

On June 1,Team Shirts sold its surfboard operations and incurred a loss on the sale.This year's operating income or loss from surfboard operations before June 1 would be reported on the income statement as part of ________.


A) discontinued operations
B) extraordinary items
C) other revenues and expenses
D) income from continuing operations

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