In negotiating and effecting a troubled debt restructuring, the creditor usually incurs various legal costs. The FASB
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1. What is the specific citation that describes the guidelines for reporting legal costs?
2. What is the appropriate accounting treatment?
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My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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