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Business, 27.12.2019 00:31 saltytaetae

Fox corp. failed to accrue warranty costs of $150,000 in its december 31, 20x2, financial statements. in addition, a $130,000 change from straight-line to accelerated depreciation was made at the beginning of 20x3. both the $50,000 and the $30,000 are net of related income taxes. what amount should fox report as prior period adjustments in 20x3?

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Fox corp. failed to accrue warranty costs of $150,000 in its december 31, 20x2, financial statements...

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