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At the end of 2022, Houston & Company identified their inventory account was understated by $30,000, and ______________ account was understated by the same amount.

At the end of 2022, Houston & Company identified their inventory account was understated by $30,000, and ______________ account was understated by the same amount. Question 6 options:

Cost of Goods Sold

Income Taxes Payable

Net Income

None of the above

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