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15. Determine if the following event is adjusting either non-adjusting events ABC Limited has an investment worth $1,000,000 in its financial statements at 31
15. Determine if the following event is adjusting either non-adjusting events ABC Limited has an investment worth $1,000,000 in its financial statements at 31 December 2019. Due to the continuing recession, the investment reduced in value to $900,000 by 15 January 2020. (2 Points) ADJUSING NON-ADJUSTING
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
8th edition
1111534918, 978-1111534912
