Answer
This entry can either appear under the loss section, as an expense, or can be listed in a separate section.
Work Step by Step
This entry should also be appropriately labeled as either unusual or infrequent (but not both).
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 4 - Income Statement and Related Information - Questions - Page 187: 17a
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