Question
4.LD reported pretax profit amounts of: 2022, $11,000; and 2023, $15,000. Later it was discovered that the ending inventory for 2022 was understated by $2,000
4.LD reported pretax profit amounts of: 2022, $11,000; and 2023, $15,000. Later it was discovered that the ending inventory for 2022 was understated by $2,000 (and not corrected in 2023). The correct pretax profit for each year was which of the following? 2022 2023 A $9,000 $13,000 B $13,000 $13,000 C $13,000 $17,000 D $9,000 $17,000
Multiple Choice Choice A Choice B Choice C Choice D
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Accounting For The Environment
Authors: Rob Gray, Jan Bebbington
2nd Edition
0761971378, 978-0761971375
