Consider the following: March 1 5 current year, Erin created a new inventory item named Bird bath When creating the item, a beginning quantity of
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Consider the following:
March current year, Erin created a new inventory item named "Bird bath"
When creating the item, a beginning quantity of and a cost value of $ per unit was mistakenly entered.
What is the effect on the General Ledger when Erin saves the new "Bird bath" item?
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Lets analyze the situation step by step to understand the effect on the General Ledger GL when Erin ... View full answer

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