I hope you are having a good day. My question is regarding the placement of profit or loss in the statement of profit or loss. Is it considered as an operating income or expense, if it is not mentioned where it belongs?
(the new design of the web site looks very good btw)
Operating ExpenseSolved
edited
4mo ago#1Which profit or loss are you referring to?
oh i didnt type the question properly, my question was about the gain or loss on the disposal of a non-current asset, should we include it in the SOPL as operating expense/income or other?
3mo ago#3It should appear as an operating expense (it is effectively a correction of previous depreciation expenses)
Thank you
3mo ago#5You are welcome
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