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Business, 23.03.2020 19:31 zachstonemoreau

Guns R Us overstated its ending inventory in the current year by $5,000. The company incorrectly reported $100,000 of net income. Explain the consequences of this error on the current period's income statement.

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Guns R Us overstated its ending inventory in the current year by $5,000. The company incorrectly rep...
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