微信扫一扫
实时资讯全掌握
| Which of the following statements describes the proper accounting for losses when nonmonetary assets are exchanged for other nonmonetary assets? A. A loss is recognized immediately, because assets received should not be valued at more than their cash equivalent price. B. A loss can occur only when assets are sold or disposed of in a monetary transaction. C. A loss, if any, which is unrelated to the determination of the amount of the asset received should be recorded. D. A loss is deferred so that the asset received in the exchange is properly valued. |