The Accounting Review Vol. 52 No. 1 1977
The Two-Dimensional Time Frame of Common Dollar Statements.
Abstract
Common dollar financial statements add a second time dimension to financial reporing that beginning students of accounting mag find difficult to grasp. The authors find that students' difficulty in understanding the roll-forward adjustment and the distinction between monetary and nonmonetary items is alleviated when common dollar statements are introduced with a two-dimensional display. The two-dimensional display accommodates the money time dimension as distinguished from statement time, the monetary/nonmonetary distinction, the computation of income and the reconciliation of equity accounts as between statements based on common dollar magnitudes.
- DOI
- 10.2308/tar-4493739
- Volume
- 52
- Issue
- 1
- Pages
- 229-232
- Language
- en
- Sources
- openalex crossref