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Business, 23.04.2021 17:50 jennifer2129

An error in the physical count of goods on hand at the end of a period resulted in a $18,000 overstatement of the ending inventory. The effect of this error in the current period is Cost of Goods Sold Net Income a. Understated Overstated b. Overstated Understated c. Overstated Overstated d. Understated Understated

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