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

تمرين 62

If the reorganization value of a company emerging from bankruptcy is larger than the fair values that can be assigned to specific assets, what accounting is made of the difference
a. Because of conservatism, the difference is simply ignored.
b. The difference is expensed immediately.
c. The difference is capitalized as an intangible asset.
d. The difference is recorded as a professional fee.