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Which of the following may require an adjustment to retained earnings? Change from the Straight Line Depreciation Method to Double Declining Balance Depreciation Change from

Which of the following may require an adjustment to retained earnings?

  1. Change from the Straight Line Depreciation Method to Double Declining Balance Depreciation
  2. Change from an Unacceptable Method to an Acceptable Method

A) 1. No & 2. Yes

B) 1. No & 2. No

C) 1. Yes & 2. No

D) 1. Yes & 2. Yes

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