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What is the difference between a type 1 and type 2 subsequent event and how are they reported differently in the financial statements? Also, be
What is the difference between a type 1 and type 2 subsequent event and how are they reported differently in the financial statements? Also, be prepared to give an example of each.
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Financial Statement Date - 12/31
Audit Report Date - 2/15
Date Financial Statements are Issued - 3/15
Subsequent Event Period
Dual Dating Period
Subsequent Discover of Facts
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