Question
Which of the following should be disclosed in a summary of significant accounting policies? Basis of profit recognition on long-term construction contracts. Future minimum lease
Which of the following should be disclosed in a summary of significant accounting policies?
Basis of profit recognition on long-term construction contracts.
Future minimum lease payments in the aggregate and for each of the five succeeding fiscal years.
Depreciation expense.
Composition of sales by segment.
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
