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Category > Management Posted 27 Oct 2017 My Price 3.00

Waterjet Bath Company

Effect of inventory errors

During the taking of its physical inventory on December 31, 2016, Waterjet Bath Company incorrectly counted its inventory as $728,660 instead of the correct amount of $719,880. Indicate the effect of the misstatement on Waterjet Bath’s December 31, 2016, balance sheet and income statement for the year ended December 31, 2016.

 

 

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Maurice Tutor
(5)
Status NEW Posted 27 Oct 2017 05:10 PM My Price 3.00

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