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11. In 2010, Beasley Company made an ordinary repair to a delivery truck at a cost of $500. Beasley Company's accountant debited the asset account,

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11. In 2010, Beasley Company made an ordinary repair to a delivery truck at a cost of $500. Beasley Company's accountant debited the asset account, Delivery Vehicles. Was this treatment an error, and if so, what will be the effect on the nancial statements of Beasley Company? (A) The repair was accounted for correctly. (B) In the years following 2010, net income will be too high. (C) The error increased assets and net income in 2010. (D) The error decreased net income in 2010

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