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1) Prepare the correcting journal entries that you would propose at December 31, 2010, for each of the five errors above. 2) Prepare a

1) Prepare the correcting journal entries that you would propose at December 31, 2010, for each of the five errors above. 2) Prepare a corrected lead schedule for the Property, Plant, and Equipment and related accumulated depreciation accounts. 3) Provide computations to suppor correcting journal entries.

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