acc 317 school southern new hamphire university

- /3.BB lew Policies urrent Attempt in Progress During 2025 and 2026. Sawyer Corporation experienced several transactions involving plant assets. A number of errors were made in recording some of these transactions. For each item listed below, indicate the effect of the error (if any) in the blanks provided by using the appropriate terms. If no error was made, choose No Effect in each of the four columns. 2025 2026 Net Book Value of Net Book Value of Transaction Plant Assets at 12/31/25 2025 Net Income Plant Assets at 12/31/26 2026 Net Income 1. The cost of installing a new computer system in 2025 was not recorded in 2025. It was charged to expense in 2026. 2. In 2026, clerical workers were trained to use the new