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i think it is understated by 14 million but i dont know the journal entries 7) Due to an error in computing depreciation expense, Prewitt

i think it is understated by 14 million but i dont know the journal entries image text in transcribed
7) Due to an error in computing depreciation expense, Prewitt Corporation overstated accumulated depreciation by $20 million as of December 31, 2018. Prewitt has a tax rate of 30%. Prepare the correcting journal entry to show Prewitt's retained earnings as of December 31, 2018

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