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    Exam 13: Segment and Interim Reporting
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    During the Third Quarter of 20X8,Pride Company Sold a Piece
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During the Third Quarter of 20X8,Pride Company Sold a Piece

Question 52

Question 52

Multiple Choice

During the third quarter of 20X8,Pride Company sold a piece of equipment at an $8,000
Gain.What portion of the gain should Pride report in its income statement for the third
Quarter of 20X8?


A) $0
B) $2,000
C) $4,000
D) $8,000

Correct Answer:

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