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Company XYZ discovered that its ending inventory was understated by $2,000. Calculate the impact this error would have on the Cost of Goods Sold (COGS)
Company XYZ discovered that its ending inventory was understated by $2,000. Calculate the impact this error would have on the Cost of Goods Sold (COGS) and Gross Profit, and show your workings
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Accounting For Managers And Entrepreneurs
Authors: Charles T. Horngren
8th Edition
1269778684, 9781269778688
