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An entity is considering events that may have an effect on accounting treatments. For each...

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Accounting

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An entity is considering events that may have an effect on accounting treatments. For each event below, select from the option lists provided the appropriate description and accounting treatment. Assume that all events are material in amount. A choice may be used once, more than once. or not at all e an effect on accounting treatments. For each vided the appropriate description and accounting rial in amount. A choice may be used once, more escription Accounting treatment Change in accounting principle Change in accounting estimate Change in reporting entity Change in estimate effected by a change in principle Error correction Neither an accounting change nor an error correction tonsidering events that may have an effect on accounting treatments. For each , select from the option lists provided the appropriate description and accounting Assume that all events are material in amount. A choice may be used once, more or not at all

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