
Concept explainers
(1)
Change in inventory methods:
Change in inventory method is said to be the difference between the previous years ending inventory and the current years ending inventory.
Comparative Income Statement:
The comparative income statement is similar to income statement but includes different components under separate headings. The comparative income statement includes revenues, expenses, gains, and losses from both continuing and non continuing operations. The operating income section is referred as income from continuing operations before income taxes.
To
(2)
To prepare: Comparative income statements beginning with income from continuing operations of CB Company for the year 2016-2015.

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Chapter 20 Solutions
INTERMEDIATE ACCOUNTING WITH AIR FRANCE-KLM 2013 ANNUAL REPORT
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