Assuming there to be no charges to retained income other than dividends that $20,000, the net earnings (loss) because that 2010 was
You are watching: Which of the following would appear as an extraordinary item on the income statement?
Which that the complying with would be classified together an extraordinary article on the revenue statement?
1. Ns on handle of a segment that business
2. Cumulative effect of a change in audit principle
3. A sale of fixed assets
4. An error correction that relates come a front year
5. A loss native a flood in a location that would certainly not be supposed to flood
january 03 2021 10:49 am
1 authorized Answer
LANKA E answer on January 05, 2021
5 Ratings, (11 Votes)
Retained income = heritage - liabilities - resources stock - added paid-in...
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