Rent income should be shown on the income statement , Ask an Expert

Accounting

Rent income should be shown on the income statement :

a. Pretax as part of income from continuing operations before tax.

b. net of tax as part of income from continuing operations before tax

c. pretax as an extraordinary item

d. net of tax as an extraordinary item

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9404679

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