When the contingency is a liability you must?
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:70
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belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:70
total answers (1)
Accounting
Changes in the value of stock earnouts classified as liability will be reflected in earnings, while changes in the value of the stock earnouts classified as equity are not remeasured.
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