What is meant by the terms elements and items as they relate to the income statement? Why

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What is meant by the terms elements and items as they relate to the income statement? Why might items have to be disclosed in the income statement?

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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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Question Posted: Apr 29, 2020 03:50 AM

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What is meant by the terms elements and items as they relate to the income statement? Why

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Elements are the basic ingredients which comprise ...View the full answer

Intermediate Accounting principles and analysis

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