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Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inventory on December 3 incorrectly counted its

Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inventory on December 3 incorrectly counted its inventory as $392,800 instead of the correct amount of $377,090. Enter all amounts as positive numbers. a. State the effects of the error on the December 31,20Y1, balance sheet of Fonda Motorcycle Shop

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