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26 NO wered During 2022. Saul Company discovered that the ending inventores reported on its financial statements were incorrect by the following amounts 2020 Point

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26 NO wered During 2022. Saul Company discovered that the ending inventores reported on its financial statements were incorrect by the following amounts 2020 Point out of 3.00 Tag Gestion $75.000 overstated 560,000 overstated 2021 Prior to any adjustments for these errors and ignoring income taxes 2021 Net Income would be Select one O a. Correct b. $15,000 understated O c. $15,000 overstated O d. $75.000 overstated O e. $135,000 overstated The Pieper Corp. recorded the accrual of interest expense by debiting Accounts Receivable and crediting Interest Expense. What is the effect of the error on Assets and liabilities, respectively? 27 Vot yet answered is out of 00 Select one: O a. No Error No Error b. Overstated, No Error Flag quan Oc Overstated, Understated d. Understated, Understated e. No Error, Overstated

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