far a 12212020

  1. A material event or transaction that an entity considers to be unusual in nature, infrequent in occurrence, or both must be reported as a------------------------------------------------------------------.
    A material event or transaction that an entity considers to be unusual in nature, infrequent in occurrence, or both must be reported as a separate component of income from continuing operations.
  2. In the balance sheet, available-for-sale (AFS) securities are measured at ----------------------.
    In the balance sheet, available-for-sale (AFS) securities are measured at fair value.
  3. Unrealized holding gains resulting from the ---------------------------------- of AFS securities are reported in other comprehensive income.
    Unrealized holding gains resulting from the remeasurement to fair value of AFS securities are reported in other comprehensive income.
  4. Unrealized holding gains resulting from the remeasurement to fair value of AFS securities are reported in ------------------------------------------------.
    Unrealized holding gains resulting from the remeasurement to fair value of AFS securities are reported in other comprehensive income.
  5. Gains and losses on foreign currency devaluations are ------------------------------. They are items of OCI reported in the consolidated financial statements.
    Gains and losses on foreign currency devaluations are translation adjustments. They are items of OCI reported in the consolidated financial statements.
  6. Gains and losses on foreign currency devaluations are translation adjustments. They are items of ------------ reported in the consolidated financial statements.
    Gains and losses on foreign currency devaluations are translation adjustments. They are items of OCI reported in the consolidated financial statements.
  7. Preferred stock’s par or stated value for shares issued is classified as --------------
    Preferred stock’s par or stated value for shares issued is classified as capital stock
  8. Trade accounts payable is one of the most common ---------------------------.
    Trade accounts payable is one of the most common current liabilities.
  9. Trade accounts payable is classified as:
    Current liabilities.
  10. Bonds payable (due in 15 years) is classified as:
    Noncurrent liabilities.
  11. Note payable (due in 7 months) is classified as:
    Current liabilities.
  12. Direct costs of issuing common stock is classified as:
    Additional paid-in capital.
  13. Treasury stock (at cost) is classified as:
    Other classification.
  14. Appropriation for contingencies is classified as:
    Retained earnings.
  15. Common stock subscriptions receivable is classified as:
    Other classification.
  16. Discount on bonds payable is classified as:
    Noncurrent liabilities.
  17. Bonds payable issue costs is classified as:
    Noncurrent liabilities.
Author
Joens1313
ID
353997
Card Set
far a 12212020
Description
far a 12212020
Updated