Question: For the year 2019, identify and describe three differences between companies(BKL and MCP) in accounting treatments which directly affect the measurement of profit, op revenue,

For the year 2019, identify and describe three differences between companies(BKL and MCP) in accounting treatments which directly affect the measurement of profit, op revenue, or total assets and hence ROA. State the number of different accounting treatments found.

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1 Private companies are not required to disclose their financial information to the public while public companies are 2 Acc ru al accounting recognizes revenue when it is earned regardless of when the ... View full answer

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