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Effects of Errors on Financial Statements The accountant for Healthy Medical Co., a medical services consulting firm, mistakenly omitted adjusting entries for $291,100 of uneared
Effects of Errors on Financial Statements The accountant for Healthy Medical Co., a medical services consulting firm, mistakenly omitted adjusting entries for $291,100 of uneared revenue that had been earned during the year and accrued wages of $16,800. If the net income for the current year had been $4,220,800, what would have been the correct net income if the proper adjustments had been made
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