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Magical Tome

Cover of Quasi-reorganizations

Quasi-reorganizations

The outer archives are busy

by Hal G. Clark

About this book

Quasi-reorganisation refers to either of two accounting procedures - a) reclassifying a deficit in retained earnings as a reduction of additional paid-in capital, or b) such a reclassification in addition to a restatement of the carrying amounts of assets with or without a restatement of the carrying amounts of liabilities.

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