Question
Describe the conditions when contract assets and liabilities are recognized and presented in financial statements. Find an example of a recent 10-K or 10-Q that
Describe the conditions when contract assets and liabilities are recognized and presented in financial statements. Find an example of a recent 10-K or 10-Q that has contract assets or liabilities recognized in them and share it with the class.
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
3rd Edition
0471372668, 978-0471372660
