Answered: (b) Change in accounting policy may…

(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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