The financial statements of Procter & Gamble Company Refer to P&GÂ’s financial statements and the accompanying notes to answer the following questions:
Using the notes to the consolidated financial statements,determine P&GÂ’s revenue recognition policies. Discuss the impact of trade promotions on P&GÂ’s financial statements.
Give two examples of where historical cost information is reported in P&GÂ’s financial statements and related notes. Give two examples of the use of fair value information
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