Match the U. S. GAAP term with the IFRS term. There may be more than one match
Question:
U. S. GAAP
A. Contributed capital
B. Additional paid- in capital
C. Retained earnings
D. Accumulated other comprehensive income
E. Common stock
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Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...
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USGAAP A Contributed capital B Additional paidinc...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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