Question
6) Chad Inc. reported total assets of $4,800,000 and net income of $623,000 for the current year. Chad determined that inventory was understated by $146,000
6) Chad Inc. reported total assets of $4,800,000 and net income of $623,000 for the current year. Chad determined that inventory was understated by $146,000 at the beginning of the year and $28,000 at the end of the year. What is the corrected amount for total assets and net income for the year?
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Social Work Policy Practice Changing Our Community Nation And The World
Authors: Jessica A Ritter
3rd Edition
179354087X, 9781793540874
