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ACC 306 Week 5 Individual Assignment E 20-18, P 21-11, P 21-14

ACC 306 Week 5 Individual Assignment E 20-18, P 21-11, P 21-14

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ACC 306 Week 5 Individual Assignment E 20-18, P 21-11, P 21-14

E 20–18 Classifying accounting changes ● LO1 through LO5

Indicate with the appropriate letter the nature of each situation described below:

PR        Change in principle reported retrospectively

PP        Change in principle reported prospectively

E          Change in estimate

EP        Change in estimate resulting from a change in principle

R          Change in reporting entity

N          Not an accounting change

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