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15. If the net profit for the year 2019 was $ 150,500, and during the year 2020 the company found some of the following errors

15.

If the net profit for the year 2019 was $ 150,500, and during the year 2020 the company found some of the following errors that linked to the year 2019:

- The salaries by 12,500 not recorded.

- Other expenses by 7,500 not recorded.

- Rent revenue by 7,000 not recorded.

Thus, the net profit for the year 2019 will be:

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