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To Correct the Error in Debiting Use of Supplies to Depreciation

question 148

Essay

To correct the error in debiting use of supplies to Depreciation Expense


Definitions:

Express Ratification

Formal approval or confirmation of an act or agreement, usually explicitly and often in writing, making it officially valid.

Misrepresentation

The act of giving a false or misleading statement about a material fact, often leading to a breach of contract.

Disaffirm

To legally reject or void a previously agreed upon contract or agreement, especially by minors.

Tort

A civil wrong that causes harm or loss, leading to legal liability for the person who commits the tortious act.

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