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    Intermediate Accounting Study Set 9
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    Exam 4: Income Statement and Related Information
  5. Question
    Prior Period Adjustments Can Either Be Added or Subtracted in the Retained
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Prior Period Adjustments Can Either Be Added or Subtracted in the Retained

Question 121

Question 121

True/False

Prior period adjustments can either be added or subtracted in the Retained Earnings Statement.

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