Briefly explain the purpose of the disclosure note
1.) Briefly explain the purpose of the disclosure note on significant accounting policies. Provide two examples of what might be found in this note.
2.) Briefly explain what is meant by a subsequent event. Give two examples of subsequent events.
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If Horicon uses the equity method to account for its investment, the balance in the investment account on December 31, 2012, will be?
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Briefly explain the purpose of the disclosure note on significant accounting policies. Provide two examples of what might be found in this note.
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