Question: Current Attempt in Progress Prior period adjustments are reported as: an addition to ( or deduction from ) net income in the income statement. an
Current Attempt in Progress
Prior period adjustments are reported as:
an addition to or deduction from net income in the income statement.
an addition to or deduction from the ending balance of retained earnings.
an addition to or a deduction from the beginning balance of retained earnings.
an unusual gain or loss item in the income statement.
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