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If the ending inventory for 2020 is overstated, the effects of this error on cost of goods sold for 2020, net income for 2020, and
If the ending inventory for 2020 is overstated, the effects of this error on cost of goods sold for 2020, net income for 2020, and assets at December 31, 2020, respectively, are understatement, overstatement, no effect. understatement, overstatement, overstatement. overstatement, understatement, no effect. overstatement, understatement, overstatement. 06
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
