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NEED HELP ASAP PLZ THANKS:) 1. An asset with a 5 year usefue life was recorded all as an expense in year 7 . In

NEED HELP ASAP PLZ
THANKS:)
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1. An asset with a 5 year usefue life was recorded all as an expense in year 7 . In year 3, is 2 yes or no an asset with a 5 year useful life was recorded all as an expense in year 1. In year 6 , is an error comection needed? yes or no 3 In the prior year, expenses that shonld have' been accrued were not. What wonld the error correction included? Debit to Retained Earnings, credit to Retained Earnings, Credit to Expense, Debit to Expenge

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