Exercise 12.11 – Bernard and Thomas
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Determine the proper classification of income statement items.
Determine the proper classification of income statement items.
Classify each accounting change as either conservative or aggressive.
Given a list of transactions… determine the type of activity (O,I,F,NC) along with determining if it is a cash inflow or outflow.
Your numbers will vary.