The discontinued operations section of the income statement is comprised of which one of the following?
A) Income from the operation of discontinued business component and gain or loss from the disposal of the discontinued component.
B) Income from the operation of discontinued business component,net of tax,and gain or loss from the disposal of the discontinued component,net of tax.
C) Income from the operation of discontinued business component,net of tax and gain or loss from the disposal of the discontinued component.
D) Gain or loss from the disposal of the discontinued component,net of tax.
Correct Answer:
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