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1. Complete the table below to show the basic concepts of error and its relationship to different accounts: Overstatement of Beginning Inventory Effect in Net

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1. Complete the table below to show the basic concepts of error and its relationship to different accounts: Overstatement of Beginning Inventory Effect in Net Inc0me Relationship Understatement of Sale Overstatement of Cost of Sale Understatement of Expenses Effect in Cost of Sale Relationship Understatement of Net Purchases Overstatement of Ending Inventory

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