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Title: As a result of overstating ending inventory by $10,000 at the end of Year 1: Post by: upton on Jun 6, 2017 As a result of overstating ending inventory by $10,000 at the end of Year 1:
A) net income for Year 2 will be overstated. B) net income for Year 2 will be understated. C) ending inventory for Year 2 will be overstated. D) There will be no effect on net income for Year 2. Title: Re: As a result of overstating ending inventory by $10,000 at the end of Year 1: Post by: Ompa on Jun 6, 2017 Content hidden
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