Swifty, Inc. decided on January 1 to discontinue its telescope manufacturing division. On July 1, the division's assets with a book value of $845000 are sold for $606000. Operating income from January 1 to June 30 for the division amounted to $138000. Ignoring income taxes, what total amount should be reported on Swifty's income statement for the current year under the caption, Discontinued Operations? O $101000 loss O $377000 O $239000 loss O $138000

State the meaning of Income and Expenditure Account.

Required information Skip to question [The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red $ 1,817 22 Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense (92) Income tax expense (savings) 147 Consider the following questions independently. None of the six segments have a primarily financial nature. c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? Note: Enter your answer in dollars but not in thousands. 620 145 Blue Green Pink Black White $ 818 $520 $315 $127 $ 105 97 115 0 308 71 385 408 318 172 87 65 93 88 67 22 55 323 98 48 37 68 20 11 (70) 0

prepare manufacturing acc