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Discontinuing operation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Discontinuing operation

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by AvatarMikeLittle.
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  • June 2, 2014 at 6:20 am #172530
    Avatartarek
    Participant
    • Topics: 45
    • Replies: 57
    • ☆☆

    Hi mike
    When company disposal dis operation asset with gain 7000 what treat ment of gain

    June 2, 2014 at 5:07 pm #172786
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Shown separately as “gain on disposal of discontinued operation” but also in the notes show all the details of how that gain is arrived at.

    So show revenue, cost of sales, admin expenses etc

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