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In late 2018 company XYZ discovered that sales revenues of 2016 was. 9 stated by $ 40,000, and selling expenses was overstated by $ 30,000.
In late 2018 "company XYZ" discovered that "sales revenues" of 2016 was. 9 stated by $ 40,000, and selling expenses" was overstated by $ 30,000. What is the balance of retained earnings as of 31/12/2018 if you know that retained arnings balance as of 01/01/2018 was $200,000, net income for the year 2018 ?was $150,000 *:"One of the following is not treated as "selling expenses.4 2 (2 ) Delivery expenses Advertising expenses Commissions for salesmen Sales revenues
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