Question: Hi! I'm doing accounting homework where I'm preparinga single, continuous multiple-step statement of comprehensive income. I have it almost finished, but can't figure out one

Hi! I'm doing accounting homework where I'm preparinga single, continuous multiple-step statement of comprehensive income.

I have it almost finished, but can't figure out one item:

It was discovered that depreciation expense for 2015 was understated by $50,000 due to a mathematical error.

I thought I would simply add the 50,000 to "accumulated depreciation," (credit assets/ equipment) but that won't work.

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