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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
Realized gains or losses occur when a company adjusts an asset to fair value but has not yet disposed of the asset.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 225 times
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Answer verified by a subject expert
.unplugged..unplugged.
wrote...
Top Poster
Posts: 1272
8 years ago
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H3Ko Author
wrote...
8 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
wrote...
4 years ago
thank you!
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