Question

Using the numbers to represent each section of a comprehensive income statement, identify where each of items (a) through (k) should be reported:
1. Continuing operations
2. Discontinued operations
3. Earnings per share
a. Gain on sale of Division E _______
b. Operating expenses _______
c. Loss on sale of equipment _______
d. Interest revenue _______
e. Depreciation expense _______
f. Earnings per share _______
g. Cost of goods sold _______
h. Loss from operating Division E _______
i. Income tax expense _______
j. Gain on sale of warehouse _______
k. Interest expense _______



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  • CreatedJanuary 08, 2015
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