|
Title: Tarleton Company discovered ending inventory errors in 2015 and 2016. The 2015 ending inventory was ... Post by: liz_08 on Jul 24, 2018 Tarleton Company discovered ending inventory errors in 2015 and 2016. The 2015 ending inventory was overstated by $215,000 whereas the 2016 ending inventory was understated by $85,000. Ignoring income tax effects, by what amount should the beginning retained earnings be adjusted on January 1, 2017?
A) $85,000 debit B) $85,000 credit C) $130,000 debit D) $215,000 credit Title: Tarleton Company discovered ending inventory errors in 2015 and 2016. The 2015 ending inventory was ... Post by: Stevea26 on Jul 24, 2018 A
Title: Tarleton Company discovered ending inventory errors in 2015 and 2016. The 2015 ending inventory was ... Post by: liz_08 on Jul 24, 2018 Such an awesome helper!
|