Ask Question
26 July, 14:37

Gains or losses on cash flow hedges are Group of answer choices ignored completely. recorded in equity, as part of other comprehensive income. reported directly in retained earnings. reported directly in net income.

+1
Answers (1)
  1. 26 July, 16:20
    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 recorded in equity, as part of other comprehensive income.

    The gains or losses of a cash flow hedge must be recorded, as part of other comprehensive income, in equity.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Gains or losses on cash flow hedges are Group of answer choices ignored completely. recorded in equity, as part of other comprehensive ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers