Gain contingencies are recorded when:15Once the contingency is deemed probable by an attorney or other...
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Accounting
Gain contingencies are recorded when:Once the contingency is deemed probable by an attorney or other expert.The contingency has passed and the gain has been realizedImmediately upon being assessed as legitimate.The contingency is assessed as remote.
Gain contingencies are recorded when:Once the contingency is deemed probable by an attorney or other expert.The contingency has passed and the gain has been realizedImmediately upon being assessed as legitimate.The contingency is assessed as remote.
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