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Effect of Errors in Physical trventory Missouri kiver Supply Co, selis canoes, kayais, whitewater rafts, and other boating supplies. During the taking of its physical

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Effect of Errors in Physical trventory Missouri kiver Supply Co, selis canoes, kayais, whitewater rafts, and other boating supplies. During the taking of its physical inventory on December 31,20y, Missoun River Supply incorrectly counted its inventory as $809,260 instead of the correct amount of $833,540. Enter all amounts as positive numbers. a. State the effect of the error on the December 31, 20Y2, balance sheet of Missouri Alver Supply. b. State the effect of the error on the income statement of Missoun River Supply for the year ended December 31 , 20Y2. c. If uncorrected, what would be the effect of the error on the 20Y3 income statement

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