What does a statement Although the income statement is a record of past achievement, the calculations required
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What does a statement "Although the income statement is a record of past achievement, the calculations required for certain expenses to involve estimates of the future' mean? Also, give examples of where estimates of the future are used?
Related Book For
Financial Accounting for Decision Makers
ISBN: 978-0273763451
6th Edition
Authors: Peter Atrill, Eddie McLaney
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