Assume the same facts as in RE17-2. If Yankee determines that the additional services are distinct from

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Assume the same facts as in RE17-2. If Yankee determines that the additional services are distinct from the goods and services transferred in the original contract, how would it account for the modification?

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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Question Posted: Oct 05, 2015 05:38 AM

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Assume the same facts as in RE17-2. If Yankee determines that the additional services are distinct from

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Yankee would use a prospective approach in which it considers the origina...View the full answer

Intermediate Accounting Reporting and Analysis

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