ACC305 Wk 2 Judgment Case 4-9 page 227
ACC305 Wk 2 Judgment Case 4-9 page 227 fin571
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Date Created: 11/09/15
Judgment Case 4-9 on page 227 Required: 1.For each situation, identify the appropriate reporting treatment from the list below (consider each event to be material): 2.Indicate whether each situation would be included in the income statement in continuing operations (CO) or below continuing operations (BC), or if it would appear as an adjustment to retained earnings (RE). Judgment Case 49 Financial Statement Presentation Situation Treatment (a-g) (CO, BC, or RE) 1. b CO 2. c RE 3. f CO 4. g CO 5. a BC 6. b CO 7. e BC 8. d. RE
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