notsofast inc acquired land for 500000 on 712010
Notsofast Inc. acquired land for $500,000 on 7/1/2010. It erroneously recorded the full amount as an expense. Explain what Notsofast must do when it discovers the error in 2011. What recommendations would you give to avoid such errors in the future?
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notsofast inc acquired land for 500000 on 712010 it erroneously recorded the full amount as an expense explain what notsofast must do when it
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