Question: - During preparing the financial statements for 2021 the internal auditor discovered that deprecation of equipment was understated by S500 during 2019. In the financial

- During preparing the financial statements for 2021 the internal auditor discovered that deprecation of equipment was understated by S500 during 2019. In the financial statements for 2021, this error should be: OA Ignored because the error related to 2019. OB. Recorded in the income statement for 2021 OC Adjusted in the retained eamings ending balance 00 Adjusted in the retained earnings beginning balance

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