Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 5 - Using Your Judgment - Comparative Analysis Case - Instructions - Page 296: a

Answer

Pepsi company uses the report form while the Coca-Cola company uses the account form.

Work Step by Step

In the balance sheet, the account form presents information horizontally while the report form presents information in a vertical form.
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