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Assume that beginning inventory was overstated by $6,000. How does this affect ending inventory? O Ending inventory is understated by $6,000. It has no effect

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Assume that beginning inventory was overstated by $6,000. How does this affect ending inventory? O Ending inventory is understated by $6,000. It has no effect on ending inventory. O Ending inventory is overstated by $6,000. O Ending inventory will equal beginning inventory

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FINANCIAL & MANAGERIAL ACCOUNTING FOR DECISION MAKERS

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