Question
00 28 In 2022. Draper Company discovered errors made in 2019-2021, its first three years of operation Indicate the error in 12/31/21 Retained Earnings
00 28 In 2022. Draper Company discovered errors made in 2019-2021, its first three years of operation Indicate the error in 12/31/21 Retained Earnings Select one O a $400 overstated Ob. $350 overstated Oc $400 understated Od $350 understated. O $550 understated temnot.recognize Prepaid expenses Unearned Revenues Other information Reported net income Dividends declared and poid Common stock and additional paid in capital of 12/31 2021 2222 2012 $1,300 $900 $550 950 700 800 $23,000 $25,000 $20,000 4100 2.600 5.000 22,000 17.000 13.000
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