Seven months after its closing, Woods Co. discovered that depreciation was understated by $19,000. Provide the journal entry to adjust the prior period error (ignore any tax effects).
Seven months after its closing, Woods Co. discovered that depreciation was understated by $19,000. Provide the journal entry to adjust the prior period error (ignore any tax effects).
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Related Book For
College Accounting A Practical Approach Chapters 1-25
13th Edition
Authors: Jeffrey Slater
ISBN: 9780133791006