Question
what are the major types if subsequent events? indicated how each of the following subsequent events would be reported. a)collection of a note written off
what are the major types if subsequent events? indicated how each of the following "subsequent events" would be reported. a)collection of a note written off in a prior period. b) issuance of a large preference share offering c) acquisition of a company in a different industry d)destruction of a major plant in a flood e)death of the company's chief executive officer (ceo) f) additional wage costs associated with settlement of a four week strike g) settlement of an income tax case at considerably more tax than anticipated o at year-end. h) change in the product mix from consumer goods to industrial goods.
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