【单选题】Sandal Ltd (Sandal) prepares consolidated financial statements. During the financial year ended 30 June 20X4, Sandal disposed of an investment in a foreign operation. Up to the date of disposal, Sanda...
A.
Other comprehensive income would include an exchange difference net of tax gain of $3500.
B.
Other comprehensive income would include a reclassification adjustment net of tax of $14 000.
C.
C Other comprehensive income would include a reclassification adjustment net of tax of $17 500.
D.
No reclassification adjustment from other comprehensive income to profit or loss is necessary on disposal of the foreign operation.