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The accounts given below can be adjusted to which financial statement, where inside that financial statement and what will be the tax consideration of them.

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The accounts given below can be adjusted to which financial statement, where inside that financial statement and what will be the tax consideration of them. Use the table given below to answer. Event Financial Tax Where inside the Financial Statement Statement consideration a Floods in mountainous area Gain on currency translation Loss on currency conversion Loss on merchandise got expired Conversion from Cash accounting to accrual accounting Change from LIFO to FIFO Method The accounts given below can be adjusted to which financial statement, where inside that financial statement and what will be the tax consideration of them. Use the table given below to answer. Event Financial Tax Where inside the Financial Statement Statement consideration a Floods in mountainous area Gain on currency translation Loss on currency conversion Loss on merchandise got expired Conversion from Cash accounting to accrual accounting Change from LIFO to FIFO Method

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