UNUSUAL GAINS AND LOSSES Definition

Bookmark and Share

UNUSUAL GAINS AND LOSSES are material gains and losses that are either unusual or occur infrequently, but not both, are excluded from the extraordinary item classification See EXTRAORDINARY ITEMS.

Learn new Accounting Terms

STATEMENT OF STOCKHOLDERS EQUITY is a summary of the changes in stockholders equity of a corporation that have occurred during a specific period of time.

INCORPORATION is a legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.