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6. Slow Corporation reported $415,000 in total assets for the current year. After the financial statements had been prepared, it was discovered that ending inventory
6.
Slow Corporation reported $415,000 in total assets for the current year. After the financial statements had been prepared, it was discovered that ending inventory had been overstated by $35,000 and beginning inventory was understated by $2,000. The correct for total assets was:
A) $378,000. B) $382,000. C) $448,000. D) $452,000.
Hello, I have been trying to solve this question, it seems easy but for some reason I keep getting the wrong answer. please help me. Thanks
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