What does microsoft mean by the term reclassification


What does Microsoft mean by the term "Reclassification adjustment for gains (losses) included in net income"? Can you think of an instance where reclassification adjustment could be used unethically?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What does microsoft mean by the term reclassification
Reference No:- TGS02563387

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)