Question: Prior period adjustments or errors are reported as: an addition to ( or a deduction from ) the beginning balance of retained earnings an addition
Prior period adjustments or errors are reported as:
an addition to or a deduction from the beginning balance of retained earnings
an addition to or a deduction from the ending balance of retained earnings
an unusual gain or loss item in the income statement
an addition to or a deduction from net income in the income statement
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