When there is a change in estimated deprecia- tion: (a) previous depreciation should be corrected. (b) current

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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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