Where should a company undergoing reorganization report the gains and losses resulting from the reorganization? Select one: a. o

Question

2 years ago

12

Where should a company undergoing reorganization report the gains and losses resulting from the reorganization? Select one: a. o

n the statement of retained earnings. b. on the income statement, separate from other gains and losses. c. on the statement of stockholders' equity. d. on the statement of cash flows. e. on the income statement, combined with the gains and losses from operations.

Business

1 answer:

nadya68 [22] · Answer 1 · 2022-08-17T10:22:27+03:00

nadya68 [22]2 years ago

7 0

Answer:

B. On the income statement, separate from other gains and losses.