Question
Which of the following is an acceptable way of reporting a gain contingency that will probably be realized? a.In the notes to the financial statements
Which of the following is an acceptable way of reporting a gain contingency that will probably be realized?
a.In the notes to the financial statements
b.As an account receivable
c.As deferred revenue
d.As an accrued amount1
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
