?? In hedge accounting, a cash flow hedge.affects:a) Current period income statement onlyb) Retained earnings directlyc) Balance sheet accounts only.d) Other comprehensive income until realized

When the hedged transaction finally occurs, the amount is then reclassified from OCI to the income…

Answered: In hedge accounting, a cash flow hedge.…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 11Q: Note payments reduce cash and are related to long-term debt. Do these facts automatically lead to...

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In hedge accounting, a cash flow hedge. affects: a) Current period income statement only b) Retained earnings directly c) Balance sheet accounts only. d) Other comprehensive income until realized