Exchange of Nonmonetary Assets | Financial Accounting | Commercial Substance | CPA Exam ch 8 p 8

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  • Опубліковано 28 лис 2024

КОМЕНТАРІ • 4

  • @nihalmohamed7584
    @nihalmohamed7584 2 роки тому +1

    Hello Mr farhat
    Thanks for your helpful videos
    Could you help me please I can't understand the meaning of defering the gain in 13:43 isn't this transaction have lack commercial substance so the future cash flow of the new asset will be lower or not change than old one so no gain now or at the future

  • @bluhuny
    @bluhuny 3 роки тому +1

    are these new videos in your program. I'm signed up, but don't see these newer videos. I might not be looking in the right place.

  • @nihalmohamed7584
    @nihalmohamed7584 2 роки тому

    Hello Mr farhat
    Could you help me please
    Why we need to make two entries in case of loss .one to recognize the new asset and another to remove the old
    as 8:34 and 10:11
    isn't the second entry enough to record the both side of the transaction