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Home Q & A Board Other Fields Homework Help Business Accounting
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gOOvER gOOvER
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7 years ago
Two separate errors affected Satellite City in 2013. The beginning inventory was understated by $28,000 and the ending inventory was understated by $43,000. Net income in 2014 will be:
A) overstated by $15,000.
B) overstated by $43,000.
C) understated by $43,000.
D) understated by $71,000.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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7 years ago
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gOOvER Author
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7 years ago
Thanks for your help!!
AlahuKakpar
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Yesterday
Helped a lot
lolaww
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2 hours ago
Thanks
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