Screen 3115-3 - Changes in Overall Method and in Reporting Advance Payments (1120)

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Change in Overall Method of Accounting

Enter information in this section if there is a change in the overall method of accounting.
Expenses accrued but not paid
Enter expenses accrued but not paid as negative amounts in the statement.
Prepaid expenses previously deducted
Enter prepaid expenses previously deducted as negative amounts in the statement.
Explanation if amounts in Part I disagree with profit and loss statement and balance sheet
Use the statement to explain any differences between the amounts in Schedule A, Part I and those shown on the profit and loss statement and balance sheet.

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