Quiz Ch 06 – The Effect of Ending Inventory Errors on Financial Statements

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Which statement is true regarding the impact of an error in the ending inventory for the year ended December 31, 2019, on the financial statements?

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  • Search Terms: , : a) affects an and automatically balance but cost create creates december effect ended ending error errors financial for goods has in inventory no of on only sold statements, statements. statements. b) statements. c) statements. d) the will year
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