. Discuss the appropriate treatment in the financial statements of each of the following. a. Gain on sale of investment securities. b. A profit-sharing bonus to employees computed as a percentage of...

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Discuss the appropriate treatment in the financial statements of each of the following.

a.    Gain on sale of investment securities.

b.    A profit-sharing bonus to employees computed as a percentage of net income.

c.    Additional depreciation on factory machinery because of an error in computing depreciation for the previous year.

d.    Rent received from subletting a portion of the office space.

e.    A patent infringement suit, brought 2 years ago against the company by another company, was settled this year by a cash payment of $725,000.

f.    A reduction in the Allowance for Doubtful Accounts balance because the account appears to be considerably in excess of the probable loss from uncollectible receivables.