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0 Assume that ending inventory in fiscal 2019 is understated by $5,000. What impact will this have on fiscal 2020 financial reporting? O A. Inventory

0 Assume that ending inventory in fiscal 2019 is understated by $5,000. What impact will this have on fiscal 2020 financial reporting? O A. Inventory is overstated on the balance sheet. B. Retained earnings is understated by $5,000 O C. Retained earnings is overstated by $5,000 OD. No effect on inventory value on the balance sheet

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