expand icon
book Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik cover

Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

النسخة 10الرقم المعياري الدولي: 978-1260575910
book Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik cover

Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

النسخة 10الرقم المعياري الدولي: 978-1260575910
تمرين 42
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
like image
like image

The best choice for an answer is C.
Expl...

close menu
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
cross icon