. . . . Fundamental qualitative characteristics of accounting information are: Relevance and comparability Comparability and consistency. Faithful represetation and relevance. Neutrality and consistency Assets do not include: Property, plant, and equipment. Investments Paid-in capital Nontrade receivables Which of the following is correct about changes in estimated variable consideration? Changes in estimated variable consideration should be recognized as an adjustment to revenue in the period the change in estimate is made Changes in estimated variable consideration should be applied retroactively to all periods affected Changes in estimated variable consideration should be allocated retrospectively to all prior periods. Changes in estimated variable consideration are not recognized in periods after transaction price is first estimated. A sale on account would be recorded by: Debiting revenue Crediting assets. Crediting liabilities Debiting assets