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15-3A (Static) Parts 4 and 5 Prepare an income statement for the year and a balance sheet as of December 31. Hint: Retained earnings is
15-3A (Static) Parts 4 and 5 Prepare an income statement for the year and a balance sheet as of December 31. Hint: Retained earnings is $356,800 at the end of the current year. Assume that the $5,600 on materials requisition 12 should have been direct materials charged to Job 404. Does this error result in overstatement or understatement of total assets
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Fundamental Accounting Principles Volume I
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
978-1260305821
