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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: A company is uncertain whether a complex transaction should result in an asset being recorded at ...
Post by: H3Ko on Aug 29, 2016
A company is uncertain whether a complex transaction should result in an asset being recorded at $100,000 or at $150,000. Under the conservatism principle, it should choose to show it at $100,000.
A) True
B) False


Title: Re: A company is uncertain whether a complex transaction should result in an asset being recorded at ...
Post by: Tanks on Aug 29, 2016
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Title: Re: A company is uncertain whether a complex transaction should result in an asset being recorded at ...
Post by: H3Ko on Oct 12, 2016
I just realized you had posted this! Thanks so much