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The Typhoon Company discovers an overstatement of depreciation in a prior year. What is required? Select one: a. A restatement of financial statements and a

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The Typhoon Company discovers an overstatement of depreciation in a prior year. What is required? Select one: a. A restatement of financial statements and a credit to Accumulated Depreciation b. A restatement of financial statements and a debit to Accumulated Depreciation c. No restatement of financial statements and a credit to Accumulated Depreciation d. No restatement of financial statements and a debit to Accumulated Depreciation

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