Question
When there is a change in estimated depreciation current and future years depreciation should be revised. only future years depreciation should be revised. new plant
When there is a change in estimated depreciation
current and future years depreciation should be revised.
only future years depreciation should be revised.
new plant assets should be acquired to replace the old.
previous depreciation should be corrected.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
10th edition
9780077515904, 007802529X, 77515900, 978-0078025297
