Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 399 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 20 Feb 2018 My Price 5.00

Braino Tech., Inczaq

Gain Contingency On December 31, 2010, ``1q., learned that its competitor had introduced a product making use of an accessory over which Braino Tech. has exclusive patent rights. Braino Tech. planned to file suit and in all likelihood, its attorneys felt, Braino should recover at least $500,000. Braino Tech.’s December 31, 2010 year-end financial statements were issued March 2, 2011. At that date Braino Tech. still planned to file suit, even though it had not yet done so.

Required

Discuss the accounting treatment in regard to the 2010 financial statements of Braino Tech. called for by GAAP concerning the described circumstances.

Answers

(5)
Status NEW Posted 20 Feb 2018 07:02 PM My Price 5.00

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