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QUESTION
Doe company's income statement contained the following errors: Ending inventory, Dec 31, 2010 was understated by $13,500; Depreciation expense for...
Doe company's income statement contained the following errors: Ending inventory, Dec 31, 2010 was understated by $13,500; Depreciation expense for 2010 was overstated by $1300. What is the effect of the errors on 2010 net income before taxes?
Doe company's income statement contained the following errors: Ending inventory, Dec 31, 2010 was understated by $13,500; Depreciation expense for 2010 was overstated by $1300. What is the effect...