(Solved):     plz give correct answer Q19 Q37 in 15 mins i will thumb up question 19 Which of t ...

 

 

plz give correct answer Q19 Q37 in 15 mins i will thumb up

question 19 Which of the following is a required disclosure in the income statement when reporting the disposal of a component of the business? The gain or loss on disposal should be reported as an other income item. O Results of operations of a discontinued component should be disclosed immediately below income from operations. Earnings per share from both continuing operations and net income should be disclosed on the face of the income statement. The gain or loss on disposal should not be segregated, but should be reported together with the results of continuing operations. Question 37 Where should goods in transit that were recently purchased f.o.b. destination be included on the statement of financial position? O Accounts payable. O Inventory. O Equipment. Not on the statement of financial position.