Question: There are two methods of reporting an accounting change a

There are two methods of reporting an accounting change: (a) retrospective adjustment and (b) prospectively. Indicate which method is used for the following changes by writing either (a) or (b) on the line after the change.
1. Change in reporting entity______________
2. Change in accounting principle__________
3. Change in accounting estimate__________




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  • CreatedDecember 09, 2013
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