Answer
D - both (a) and (b)
Work Step by Step
The income statement should report both gains and losses on the disposal of discontinued components (if applicable).
Accounting: Tools for Business Decision Making, 5th Edition
by Kimmel, Paul D.; Weygandt, Jerry J.; Kieso, Donald E.
Published by
Wiley
ISBN 10:
1118128168
ISBN 13:
978-1-11812-816-9
Chapter 13 - Financial Analysis: The Big Picture - Self-Test Questions - Page 725: 1
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