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Gain contingencies usually are recognized in a company's income statement when: Multiple Choice The gain is probable and the amount is reasonably estimable. The gain
Gain contingencies usually are recognized in a company's income statement when:
Multiple Choice
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The gain is probable and the amount is reasonably estimable.
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The gain is reasonably possible and the amount is reasonably estimable.
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The amount is reasonably estimable.
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The gain is certain.
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