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Uncertain losses should be recorded, but uncertain gains should:

ABe left out
BBe doubled
CBe halved
DBe shared
Answer & Solution
Correct answer: A. Be left out
1. Accounting leans toward caution. 2. Bad news is recognised early. 3. So uncertain gains are not recorded. _Source: OpenStax Principles of Accounting Volume 1, Chapter 3, Analyzing and Recording Transactions._
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