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nirvana33 [79]
2 years ago
13

Gains or losses on cash flow hedges are Group of answer choices ignored completely. recorded in equity, as part of other compreh

ensive income. reported directly in retained earnings. reported directly in net income.
Business
1 answer:
Helga [31]2 years ago
7 0

Answer: The correct answer is "recorded in equity recorded in equity, as part of other comprehensive income.".

Explanation: Gains or losses on cash flow hedges are <u>recorded in equity, as part of other comprehensive income.</u>

<u>The gains or losses of a cash flow hedge must be recorded, as part of other comprehensive income, in equity.</u>

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Answer:

a. Equity alliance

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Equity alliance -

It is the process , in which one of the company take the equity stake of the other company and vice versa , is referred to as equity alliance .

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3 years ago
Pension Plan Entries Yuri Co. operates a chain of gift shops. The company maintains a defined contribution pension plan for its
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Answer:

December 31

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Cr Unfunded pension Liabiltiy $182,100

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Dr Unfunded pension Liabiltiy $182,100

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Explanation:

Preparation of the entry to record the accrued pension liability payment to the funding agent on January 15

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Dr Pension expense $182,100

Cr Unfunded pension Liabiltiy $182,100

(Being to record quarterly pension Liabiltiy)

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Dr Unfunded pension Liabiltiy $182,100

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( Being to record the accrued pension liability payment to the funding agent)

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2 years ago
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This periods end assets to be overstated

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Expense accounts are debited

Explanation:

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