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E18.5 In 2017 Kieso Enterprises failed to record depreciation expense of $30,000. The accountant discovered this error in 2019. Kieso is subject to a 20

E18.5 In 2017 Kieso Enterprises failed to record depreciation expense of $30,000. The accountant discovered this error in 2019. Kieso is subject to a 20 percent tax rate. What is the effect of this error on retained earnings

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