When there is a change in estimated deprecia- tion: (a) previous depreciation should be corrected. (b) current
Question:
When there is a change in estimated deprecia- tion:
(a) previous depreciation should be corrected.
(b) current and future years' depreciation should be revised.
(c) only future years' depreciation should be revised.
(d) None of the above.
AppendixLO1
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Financial Accounting Tools For Business Decision Making
ISBN: 9780471730514
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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