18 January 2008 - 21:00Hypothetical accounting question. Bargain accounting. What if?
Tazzzy asked:
In my country, it is appropriate to bargain when purchasing anything from any store. How will that affect accounting standards for big firms? Lets say Walmart existed in my country, how would they create their financial statements to take in to consideration that the items they will be selling will be bargained. Im am doing this project for my Intermediate accounting class… Give me some ideas please?
Question posted courtesy of: Cheryl
In my country, it is appropriate to bargain when purchasing anything from any store. How will that affect accounting standards for big firms? Lets say Walmart existed in my country, how would they create their financial statements to take in to consideration that the items they will be selling will be bargained. Im am doing this project for my Intermediate accounting class… Give me some ideas please?
Question posted courtesy of: Cheryl
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