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Civet Company reported pretax income amounts of: 2011, $26,000; and 2012, $28,000. Later it was discovered that the ending inventory for 2011 was overstated by
Civet Company reported pretax income amounts of: 2011, $26,000; and 2012, $28,000. Later it was discovered that the ending inventory for 2011 was overstated by $2,000 (and not corrected in 2012). The ...
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
