Phillip's Fun Center has go-karts, miniature golf, bumper boats, paintball, and laser tag. Determine whether the company should report each of the following items as discontinued operations, extraordinary items, or other expenses:
1. Extraordinary items.
2. Other expenses.
3. Discontinued operations.
4. Other expenses.

Question

Quizplus · Accepted Answer

The Answer of Phillip's Fun Center has go-karts, miniature golf, bumper boats, paintball, and laser tag. Determine whether the company should report each of the following items as discontinued operations, extraordinary items, or other expenses:
1. Extraordinary items.
2. Other expenses.
3. Discontinued operations.
4. Other expenses.

Phillip's Fun Center Has Go-Karts, Miniature Golf, Bumper Boats, Paintball