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(a) Define errors in accordance with MFRS 108 Accounting Policies, Changes in Accounting Estimates and Errors. (b) State THREE (3) disclosure for correction of errors
(a) Define errors in accordance with MFRS 108 Accounting Policies, Changes in
Accounting Estimates and Errors.
(b) State THREE (3) disclosure for correction of errors in accordance with MFRS
108 Accounting Policies, Changes in Accounting Estimates and Errors.
(c) Demonstrate the accounting treatment for the missing depreciation amount and
the impact to retained earnings in year 2017.
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