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When reporting extraordinary items,

A. Each item (net of tax) is presented on the  the income statement separately as a component of net income for the period.

B. Each item is presented exclusive of any related income tax.

C. Each item is presented as an unusual item within income from continuing operations.

D. All extraordinary gains or losses that occur in a period are summarized as total gains and total losses, then offset to present the net extraordinary gain or loss.

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Question added by Deleted user
Date Posted: 2015/02/26
khaled komber
by khaled komber , Finance Manager , Royal Abjer For Trading And Contracting

A. Each item (net of tax) is presented on the  the income statement separately as a component of net income for the period.

ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

D. All extraordinary gains or losses that occur in a period are summarized as total gains and total losses, then offset to present the net extraordinary gain or loss

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