Scenic: Gains and Losses


  • Introduction: Gains and losses recognition decisions
  • Terms and concepts: Realized gains and losses
    • Example 1- Land sold for more than cost
    • Example 2- Truck sold for less than adjusted historical cost
  • Terms and concepts: Unrealized gains and losses
    • Example 3- Land unrealized gain
    • Recognition decision challenges
  • Entries:
    • Example 4- Land realized gain
    • Example 5- Truck realized loss
  • Take-aways

Scenic Video: [17 min]

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Additional Materials:

Video slides [pdf]  

Transcript [pdf]    Transcript [doc]