Accounting typically does not recognize either assets or liabilities for mutually unexecuted contracts. What justification can you

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Accounting typically does not recognize either assets or liabilities for mutually unexecuted contracts. What justification can you see for this treatment?

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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