Solved: Classified in a statement of financial position, Accounting Basics

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Classified in a statement of financial position

Question 1. How should a stock dividend that has been declared, but not yet issued be classified in a statement of financial position? Why?

Question 2. Derivative accounting: What are the disclosure requirements for traditional and derivative financial instruments? Should companies disclose if such instruments are used for hedging or speculation? Why?

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Accounting Basics: Classified in a statement of financial position

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