The company had a gain on the sale of a photocopy machine that was used in its operations. This gain would be reported in the financial statements as:
An extraordinary item
Or
Other income
Or
A prior-perior adjustment
Or
Deferred income
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The company had a gain on the sale of a photocopy machine that was used in its operations. This gain would be reported in the financial statements as:
An extraordinary item
Or
Other income
Or
A prior-perior adjustment
Or
Deferred income
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