What is a prior period adjustment, and how is it reported in the financial statements?

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Dec 27, 2011 08:36 AM

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What is a prior period adjustment, and how is it reported in the financial statements?

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Prior period adjustment Prior period adjustments are nothing but an additions or changes to incomes ...View the full answer

Accounting Principles

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