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book Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik cover

Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

النسخة 12الرقم المعياري الدولي: 978-0077862220
book Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik cover

Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

النسخة 12الرقم المعياري الدولي: 978-0077862220
تمرين 17
For interim financial reporting, an extraordinary gain occurring in the second quarter should be
a. Recognized ratably over the last three quarters.
b. Recognized ratably over all four quarters, with the first quarter being restated.
c. Recognized in the second quarter.
d. Disclosed by footnote only in the second quarter.
التوضيح
موثّق
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The best choice for an answer is C.
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Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
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