The financial statements of PepsiCo are presented in Appendix A at the end of this textbook. (a)

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The financial statements of PepsiCo are presented in Appendix A at the end of this textbook.

(a) Using the consolidated financial statements and related information, identify items that may result in adjusting entries for prepayments.

(b) Using the consolidated financial statements and related information, identify items that may result in adjusting entries for accruals.

(c) Using the Selected Financial Data and Five-Year Summary, what has been the trend since 2004 for net income?


Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Hospitality Financial Accounting

ISBN: 978-0470083604

2nd Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.

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