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Marigold Enterprises reported cost of goods sold for 2 0 2 5 of $ 1 , 3 3 7 , 6 0 0 and retained
Marigold Enterprises reported cost of goods sold for of $ and retained earnings of $ at December
Marigold later discovered that its ending inventories at December and were overstated by $ and $
respectively.
Determine the corrected amounts for cost of goods sold and December retained earnings.
Corrected cost of goods sold
Corrected retained earnings
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