Peaceful Carpets' books show the following data Click the icon to view the income tants In any 2026, auditors found that the entong merchandise inventory for 2023 was understated by $4,000 and that the ending merchandise inventory for 2025 was overstated by $5,000 The ending merchandise Inventory at December 31, 2024, was correct Read the route Requirement 1. Prepare corrected income statements for the tree year. Peaceful Carpets Income Statement For the Years Ended December 31, 2025, 2024, and 2023 2025 2024 Ending Merchandise Inventory Overstated by 55,000 Correct 2023 Ending Merchandise Inventory Understated by $4.000 Choose from any or any number in the input field and then continue to the next question Peso Carpets' books show the following data Click the icon to view the income statements In catty 2020, adors found th the ending merchandises inventory for 2023 was understood by $4.000 and that the ending merchandise inventory for 2025 was overstated by $5,000 The ending merchandise nventory at December 31, 2024, was correct Read the current by $5,000 Correct by $4.000 Si Re Cast Goods So Beginning Michaelwertory Plus Cost of tory Path Cod Gooss for Lutting Methods for Con Goods Choose from anywhere any number in the intuels and then continue to the next question Peaceful Carpets' books show the following data Click the icon to view the income statements) In early 2026, auditors found that the ending merchandise inventory for 2023 was understated by $4,000 and at the ending merchandise inventory for 2025 was overstated by $5.000. The ending merchandise inventory December 31, 2024, was correct Read the requirements Cast of Goods Sold Go Profit Operating Experts Net income Requirement 2. Ste whether each year net income-before your corrections understated or overstated, and indicate the mount of the understatement or overstatement Year Prior to correction income was 2005 2024 Choose from any list or enter any number in the input fields and then continue to the next question Peace Carpets books show the following data the icon to who wants) in early 2005, auditors found trending merchandise nertory for 2023 was understated by $1,000 and that the ending merchandise inventory for 2025 overstated by $5,000. The ending merchandise viventary December 31, 2024.com Head the 2003 Recent Complete and invity in the connected income statement for the five years. Round ambers to two decal Selected the most compte worry love for each you were to w XXX) ume 2014 2023 times Now and enter the amounts to compute Gays sales in invertory for each your mounts to two dec. XXX) Peach Carpelis books how the following Oooow the In 2020, dos found that the ending machinery for 2023 was wat by 1.000 de enerchi invertory for 2005 sed by $5,000. The ending merchandise inventoryal December 31, 2004, was correct Read the ay mo 2004 20 Now and worthy XXX Dawowy day Choose from any is one number olds and contention Peaceful Carpets' books show the following data Click the icon to view the income tants In any 2026, auditors found that the entong merchandise inventory for 2023 was understated by $4,000 and that the ending merchandise inventory for 2025 was overstated by $5,000 The ending merchandise Inventory at December 31, 2024, was correct Read the route Requirement 1. Prepare corrected income statements for the tree year. Peaceful Carpets Income Statement For the Years Ended December 31, 2025, 2024, and 2023 2025 2024 Ending Merchandise Inventory Overstated by 55,000 Correct 2023 Ending Merchandise Inventory Understated by $4.000 Choose from any or any number in the input field and then continue to the next question Peso Carpets' books show the following data Click the icon to view the income statements In catty 2020, adors found th the ending merchandises inventory for 2023 was understood by $4.000 and that the ending merchandise inventory for 2025 was overstated by $5,000 The ending merchandise nventory at December 31, 2024, was correct Read the current by $5,000 Correct by $4.000 Si Re Cast Goods So Beginning Michaelwertory Plus Cost of tory Path Cod Gooss for Lutting Methods for Con Goods Choose from anywhere any number in the intuels and then continue to the next question Peaceful Carpets' books show the following data Click the icon to view the income statements) In early 2026, auditors found that the ending merchandise inventory for 2023 was understated by $4,000 and at the ending merchandise inventory for 2025 was overstated by $5.000. The ending merchandise inventory December 31, 2024, was correct Read the requirements Cast of Goods Sold Go Profit Operating Experts Net income Requirement 2. Ste whether each year net income-before your corrections understated or overstated, and indicate the mount of the understatement or overstatement Year Prior to correction income was 2005 2024 Choose from any list or enter any number in the input fields and then continue to the next question Peace Carpets books show the following data the icon to who wants) in early 2005, auditors found trending merchandise nertory for 2023 was understated by $1,000 and that the ending merchandise inventory for 2025 overstated by $5,000. The ending merchandise viventary December 31, 2024.com Head the 2003 Recent Complete and invity in the connected income statement for the five years. Round ambers to two decal Selected the most compte worry love for each you were to w XXX) ume 2014 2023 times Now and enter the amounts to compute Gays sales in invertory for each your mounts to two dec. XXX) Peach Carpelis books how the following Oooow the In 2020, dos found that the ending machinery for 2023 was wat by 1.000 de enerchi invertory for 2005 sed by $5,000. The ending merchandise inventoryal December 31, 2004, was correct Read the ay mo 2004 20 Now and worthy XXX Dawowy day Choose from any is one number olds and contention
