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Barry Ltd has financial year ends on 30 June. On 25 October 2019, it was discovered that a major piece of equipment was undervalued in

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Barry Ltd has financial year ends on 30 June. On 25 October 2019, it was discovered that a major piece of equipment was undervalued in the accounts by $120,000 due to an error made in the valuer's report dated 31 May 2019. For the financial year ended 30 June 2020, an adjustment: O may be deferred and recognised in a later accounting period O must be made to the prior period comparative balances O may be recognised directly in other comprehensive income O is not necessary, but the item must be fully explained in the notes to the financial statements A Moving to another question will save this response. Question 14 of 18 22 4:09 PM 9/13/2020 (hp

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