(b) Change in accounting policy may have a material effect on the items of financial statements." Explain the statement with the help of an example.
(b) Change in accounting policy may have a material effect on the items of financial statements." Explain the statement with the help of an example.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter5: Closing Entries And The Post-closing Trial Balance
Section: Chapter Questions
Problem 9DQ
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