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Which of the following disclosures is required for a change from the sum-of-the-years-digits to the straight-line depreciation method? The cumulative effect on prior years, net
Which of the following disclosures is required for a change from the sum-of-the-years-digits to the straight-line depreciation method?
The cumulative effect on prior years, net of tax, in the current retained earnings statement |
Restatement of prior years income statements |
Recomputation of current and future years depreciation |
All of these |
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