Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: gOOvER on Sep 20, 2017



Title: A contingent gain that is likely and can be reasonably estimated should be:
Post by: gOOvER on Sep 20, 2017
A contingent gain that is likely and can be reasonably estimated should be:
A) disclosed in a note to the financial statements.
B) accrued with a journal entry.
C) either disclosed in a note or accrued with a journal entry.
D) ignored until the actual gain materializes.


Title: Re: A contingent gain that is likely and can be reasonably estimated should be:
Post by: raovatallpy on Sep 20, 2017
Content hidden