Question: If a change in accounting principle does not require additional taxes to be paid or taxes to be refunded, which account is used to record
If a change in accounting principle does not require additional taxes to be paid or taxes to be refunded, which account is used to record the tax effects of a change in accounting principle?
Multiple choice question.
Deferred tax asset or liability accounts
Other comprehensive income for the period
Income tax expense for the period
Goodwill
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