Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
gOOvER gOOvER
wrote...
Go to Answer
Posts: 1305
Rep: 0 0
6 years ago
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.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
Read 104 times
1 Reply
Replies
Answer verified by a subject expert
raovatallpyraovatallpy
wrote...
#1
Posts: 444
Rep: 37 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

gOOvER Author
wrote...

6 years ago
Thanks
annakc
wrote...

Yesterday
this is exactly what I needed
carston
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1169 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 86
  
 289
  
 1670
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: Where do you get your textbooks?