Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation? - Answer and Explanation

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Academy of PakistanTest & Learning

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29AccountingMedium

Any gain on the sale of non-current assets should be _ from the net profit and the loss must be _to the net profit in determining fund from operation?

ADeducted, Added

BAdded, Added

CDeducted, Deducted

DAdded, Reduced

Correct answer

A. Deducted, Added

Explanation

Deducted, Added is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation? - Answer and Explanation | Academy of Pakistan