Business, 26.05.2021 01:10 chriscendypierre56
The cumulative effect of a change in accounting principle is reported: on the income statement as part of discontinued operations. on the retained earnings statement as an adjustment to the beginning balance of the earliest year presented. on the retained earnings statement as an adjustment to the beginning balance of the current year. on the income statement as an extraordinary item.
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The cumulative effect of a change in accounting principle is reported: on the income statement as pa...
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