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16-01-2017
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The credit portion of the adjustment for the depletion of a coal mine was credited to the coal mines account. what would this error cause?

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andriansp andriansp

23-01-2017

Depletion is used as a deduction from the gross income

So if we're wrong in putting the depletion data, it will be very likely that the income statement for the following period would be overstated

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