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Business, 06.01.2021 18:00 marykayy0218own5cp
If the ending inventory in the previous period was understated $17,000 and the ending inventory in the current period was overstated $27,000. Which of the following is understated in the current period?
a. Owner's equity
b. Cost of goods sold
c. Net income
d. All the other answers are correct
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If the ending inventory in the previous period was understated $17,000 and the ending inventory in t...
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