Which of the following would be accounted for as a change in accounting principle a Adopting a new accounting standard b Changing the useful life of a piece of equipment from 8 years to 20 years c First time presentation of consolidated financial statements d Changing an estimate for the allowance ...

Answer allowance for doubtful accounts A change in accounting prin ...

Which of the following would be accounted for as a change in accounting principle? a. Adopting a

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Which of the following would be accounted for as a change in accounting principle?

	a.	Adopting a new accounting standard
	b.	Changing the useful life of a piece of equipment from 8 years to 20 years
	c.	First-time presentation of consolidated financial statements
	d.	Changing an estimate for the allowance for doubtful accounts

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Accounting concepts and applications

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11th Edition

Authors: Albrecht Stice, Stice Swain

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Posted Date: Jan 27, 2022 03:29 AM

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Which of the following would be accounted for as a change in accounting principle? a. Adopting a

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Accounting concepts and applications

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