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Author Question: The physical count of inventory was incorrect which overstated the ending inventory. This would cause (Read 100 times)

berenicecastro

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on: Nov 11, 2019
The physical count of inventory was incorrect which overstated the ending inventory. This would cause
◦ Cost of Goods Sold to be overstated.
◦ gross profit to be understated.
◦ net income to be understated.
◦ Cost of Goods Sold to be understated.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by berenicecastro on Nov 11, 2019

angrybirds13579

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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berenicecastro

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

kishoreddi

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Reply 3 on: Yesterday
Excellent

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