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The Resulting Gain or Loss from the Sale of a Non-Current

Question 21

Multiple Choice

The resulting gain or loss from the sale of a non-current asset is:


A) recognised in other comprehensive income, normally with separate disclosure of income and the carrying amount of the asset.
B) recognised in other comprehensive income, normally on a net basis.
C) recognised in current period profit or loss, normally on a net basis.
D) recognised in current period profit or loss, normally with separate disclosure of income and the carrying amount of the asset.

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