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If ending inventory in 20x1 is overstated, which of the following is true? Multiple Choice Total assets in 20X1 are overstated, Total expenses in 20x1

If ending inventory in 20x1 is overstated, which of the following is true? Multiple Choice Total assets in 20X1 are overstated, Total expenses in 20x1 are understated. Retained earnings in 20X1 is overstated. All of the other answers are correct

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