Barton Inc. changed the method of calculating depreciation on its equipment from straight-line to doubledeclining- balance during

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Barton Inc. changed the method of calculating depreciation on its equipment from straight-line to doubledeclining- balance during 2020. The cumulative effect of the change is an additional expense of $46,000 related to prior years. The tax benefit is $13,000. Record the entry on December 31, 2020.

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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