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As an auditor for Bernard and Thomas, you are responsible for determining the proper classification...

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Accounting

As an auditor for Bernard and Thomas, you are responsible for determining the proper classification of income statement items in the audit of California Sports Grill.

Required:

Select whether each of the following items should be classified as discontinued operations, other revenues, or other expenses.

e.The company owns and operates over 40 restaurants but sold one restaurant this year at a gain of $650,000. (.......................) (please note that other expenses are wrong !!!)

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