part 1.measurement Flashcards
1
Q
long term receivables
A
present value of future cash flows
2
Q
available for sale securities
A
current market value
3
Q
equipment
A
historical cost or historical proceeds
4
Q
warranty obligations
A
net realizable value or settlement rate
5
Q
short-term payables
A
historical cost or historical proceeds
6
Q
accounts receivables
A
net realizable value or settlement date
7
Q
bonds payable, due in 10 years
A
present value of future cash flows
8
Q
trading securities
A
current market value
