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gOOvER gOOvER
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7 years ago
Two separate errors affected Rollings Company in 2013. The beginning inventory was overstated by $12,000 and the ending inventory was overstated by $18,000. Net income in 2014 will be:
A) overstated by $30,000.
B) understated by $18,000.
C) overstated by $18,000.
D) overstated by $6,000.
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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Thank you, thank you, thank you!
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