How is the disposal group of a long - lived asset held for sale reported ? Long - lived assets held for sale are reported with other long - lived assets . Assets and liabilities of the disposal group are reported separately in the balance sheet . Major classes of assets and liabilities held for sale are disclosed in one held - for - sale asset / liability account . Assets and liabilities of the disposal group are combined on the balance sheet .

Answer rating: 100% (QA)

Longlived assets held for sale are reported separately f... View the full answer