What is the logic behind the accounting, Financial Accounting

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What is the logic behind the accounting

Problem 1: For some transactions, GAAP requires that value changes are recognized on the balance sheet and the income statement when they occur, even if not realized. What types of transactions get this type of treatment? What is the logic behind this accounting?

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Financial Accounting: What is the logic behind the accounting

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Financial Accounting: What is the logic behind the accounting

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