In 2010, Beasley Company made an ordinary repair to a delivery truck at a cost of $500. Beasley Companys accountant debited the asset account, Delivery Vehicles.

Was this treatment an error, and if so, what will be the effect on the financial statements of Beasley Company?

	A.	The repair was accounted for correctly.
	B.	The error increased assets and net income in 2010.
	C.	The error decreased net income in 2010.
	D.	In the years following 2010, net income will be too high.