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ahrayia [7]
2 years ago
6

A company has a discount on a forward contract for an asset. How is the discount recognized over the life of the contract?

Business
1 answer:
exis [7]2 years ago
5 0

Answer: It is charged to accumulated other comprehensive income.

Explanation:

The discount is recognized over the life of the contract when it is charged to accumulate other comprehensive income.

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Learn more about Keynesian economics  here : brainly.com/question/20036871

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