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On April 1 of the current year, the following prior year errors were discovered after the prior year financial statements were issued. depreciate all equipment.
On April 1 of the current year, the following prior year errors were discovered after the prior year financial statements were issued. depreciate all equipment. $5,000. Required Prepare entries to correct each of the errors a, b, and c, discovered in the current year. Ignore income taxes. Note: Round answers to the nearest whole dollar
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