Give two examples on each of the following items: Change in accounting estimate.
CS Executive · Company Accounts & Auditing Practices · PYQS · June 2021
Give two examples on each of the following items: Change in accounting estimate.
Answer & Explanation:
Examples of Change in accounting estimates: Changes in estimate of provision for doubtful debts on sundry debtors. Changes in estimate of useful life of fixed assets.
Topics: Accounting Standards
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