need accounting help Vibrant Company had $1,090,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $595,000 in eoch of those years it also maintained a $390,000 physical inventory from the beginning to the end of that three year period In accounting for inventory It made an error at the end of Year 1 that caused its Year 1 ending inventory to appesr on its statements as $370,000 rather than the correct $390,000 1 Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3 2 Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and aross prost for each of Year 1, Year 2 , and Year 3 Complete this question by entering your answers in the tabs below Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3 Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of Year 1 , Ycar 2 , and Year 3 Vibrant Company had $1,090,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $595,000 in eoch of those years it also maintained a $390,000 physical inventory from the beginning to the end of that three year period In accounting for inventory It made an error at the end of Year 1 that caused its Year 1 ending inventory to appesr on its statements as $370,000 rather than the correct $390,000 1 Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3 2 Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and aross prost for each of Year 1, Year 2 , and Year 3 Complete this question by entering your answers in the tabs below Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3 Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of Year 1 , Ycar 2 , and Year 3

Question

need accounting help Vibrant Company had $1,090,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $595,000 in eoch of those years  it also maintained a $390,000 physical inventory from the beginning to the end of that three year period  In accounting for inventory  It made an error at the end of Year 1 that caused its Year 1 ending inventory to appesr on its statements as $370,000 rather than the correct $390,000  1  Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3  2  Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and aross prost for each of Year 1, Year 2 , and Year 3 Complete this question by entering your answers in the tabs below  Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3  Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of Year 1 , Ycar 2 , and  Year 3  Vibrant Company had $1,090,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $595,000 in eoch of those years  it also maintained a $390,000 physical inventory from the beginning to the end of that three year period  In accounting for inventory  It made an error at the end of Year 1 that caused its Year 1 ending inventory to appesr on its statements as $370,000 rather than the correct $390,000  1  Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3  2  Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and aross prost for each of Year 1, Year 2 , and Year 3 Complete this question by entering your answers in the tabs below  Determine the correct amount of the company's gross profit in each of Year 1, Year 2, and Year 3  Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of Year 1 , Ycar 2 , and  Year 3

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need accounting help Vibrant Company had $1,090,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $595,000

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