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adjusting entry |
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would make
the adjusting entry shown below in 20X6 to implement this change in
accounting principle. --We adjusted cost of service down by $194,000 to reflect the
correction of an adjusting entry in cost of service from one of our
international subsidiaries. But he or
she also generally was relieved the auditor had found it in time for the
company to record an adjusting entry so the financial statements were
fairly stated. |
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