Question
Where in the financial statements are changes in the fair value of cash flow hedges reported: a. On the Balance Sheet as part of retained
Where in the financial statements are changes in the fair value of cash flow hedges reported:
a. On the Balance Sheet as part of retained earnings
b. On the Income Statement as other gains/losses
c. As other comprehensive income and accumulated in other comprehensive income on the Balance Sheet.
d. On the Statement of Stockholders Equity
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
7th Edition
1118725786, 978-1118725788
