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asap plz Prior period adjustments A. always increase the beginning balance of retained earnings B. can be ignored because the financial statements have already been
asap plz 
Prior period adjustments A. always increase the beginning balance of retained earnings B. can be ignored because the financial statements have already been issued C. are shown on the statement of retained earnings as corrections to the beginning balance D. must be recorded in the period in which the error occurred Step by Step Solution
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