Question: 11 Your answer is incorrect. A company changes from the straight-line method to an accelerated method of calculating depreciation, which will be similar to the
11 Your answer is incorrect. A company changes from the straight-line method to an accelerated method of calculating depreciation, which will be similar to the method used for tax purposes. The entry to record this change will includea O debit to Deferred Tax Asset. O credit to Deferred Tax Liability. O credit to Accumulated Depreciation. debit to Retained Earnings in the amount of the difference on prior years Click if you would like to Show Work for this question: Open Show Work
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