Intermediate Accounting, Student Value Edition (2nd Edition)
Intermediate Accounting, Student Value Edition (2nd Edition)
2nd Edition
ISBN: 9780134732145
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 21, Problem 21.5P

a.

To determine

The cumulative effect after tax.

b.

To determine

To prepare: Journal entry to record the change in method effective January 1, 2019.

c.

To determine

To prepare: The footnote for the accounting method change in the financial statement.

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Chapter 21 Solutions

Intermediate Accounting, Student Value Edition (2nd Edition)

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