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e a Secure https/blackboard edgewood edu/webapps/assessmentaeaunch QUESTION 6 A strike by the employees of a suppiler resulted in a loss of $50,000 Choose the classification of the irregular lem and the proper accounting treatment Classificatlon: Extraordinary Iten a Classication: Discontinued Operations Classification: Change in Esimate Classification: Change in Accounting Principe Classification unusual Gain or Loss Classification: Error Correction Accounting Treatment: Retroactive Adjustment Accounting Treatment: Separate Section of the Income Stalement (Net of Tax e Accouring Treatmer: Included In the income statement prior to Tncome from Continuing Operations not atect future peniods QUESTION 7 Obsolete inventory was written of. This was the frst lcss of this type in the company's history Choose the classification of the irregular item and the proper accouring trealment a Cassification: Extraordinary Iterm Classication Discontinued Operason8 B Classifcation: Change n Estimale G Cassification Change in Accounting Princple e Classification: Unusual Gain or Loss Classiication: Error Correction Acounting Treatment Reroactive Adustrmem Accounting Treatment Separate Section of te ncome Statement (Net or Tan he income state ent prior loTro orne bom Con ruing Operato sb Accounting Treat ont ind ded not afect mare periods Save and Stbmid to save and subonit Clek Sne Aul Anuers to ware all anasen ype here to search