An error understated ending inventory of 19X7. This error will (pp. 383-384) a. Overstate (19 mathrm{X} 7)
Question:
An error understated ending inventory of 19X7. This error will (pp. 383-384)
a. Overstate \(19 \mathrm{X} 7\) cost of sales
b. Understate 19X8 cost of sales
c. Not affect owner equity at the end of \(19 \mathrm{X} 8\)
d. All of the above
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Related Book For 
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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