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1 accounting change presented are income statements prepared on a lifo and fifo basis for carlton company which started
1 accounting change linden company started operations on january 1 2006 and has used the fifo method of inventory
accounting change ramirez co decides at the beginning of 2010 to adopt the fifo method of inventory valuation ramirez
1 change in principle-inventory methods whitman company began operations on january 1 2008 and uses the average cost
1 change in principle-long-term contracts cherokee construction company changed from the completed-contract to the
1 oliver corporation has owned stock of conrad corporation since 2007 at december 31 2010 its balances related to this
1 simmons corporation owns stock of armstrong inc prior to 2010 the investment was accounted for using the equity
palmer co is evaluating the appropriate accounting for the following items1 management has decided to switch from the
round tree manufacturing co is preparing its year-end financial statements and is considering the accounting for the
indicate the effect-understate overstate no effect-that each of the following errors has on 2010 net income and 2011
1 at january 1 2010 beidler company reported retained earnings of 2000000 in 2010 beidler discovered that 2009
1 in 2010 bailey corporation discovered that equipment purchased on january 1 2008 for 50000 was expensed at that time
1 sesame company purchased a computer system for 74000 on january 1 2009 it was depreciated based on a 7-year life and
1 tedesco company changed depreciation methods in 2010 from double-declining-balance to straight-line depreciation
1 shannon inc changed from the lifo cost flow assumption to the fifo cost flow assumption in 2010 the increase in the
1 refer to the accounting change by wertz construction company in be22-1 wertz has a profit-sharing plan which pays all
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one of the main revenue recognition complications for nonprofits is that contributions cannot always be tied to the