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If the ending inventory is overstated: assets will be overstated and owner's equity will be overstated. assets will be understated and owner's equity will be
If the ending inventory is overstated: assets will be overstated and owner's equity will be overstated. assets will be understated and owner's equity will be understated. assets will be overstated and owner's equity will be understated. assets will be understated and owner's equity will be overstated
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