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Current Attempt in Progress Bren Co's beginning inventory at January 1, 2005 was understated by $26,000, and its ending inventory was overstated by $52.000.
Current Attempt in Progress Bren Co's beginning inventory at January 1, 2005 was understated by $26,000, and its ending inventory was overstated by $52.000. As a result, Bren's cost of goods sold for 2005 was: O Understated by $78,000 O Understated by $26,000. O Overstated by $26,000 O Overstated by $78,000.
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
