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Question 1 7 of 2 2 View Policies Current Attempt in Progress Pharoah Inc. is a calendar - year corporation. Its financial statements for the
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Pharoah Inc. is a calendaryear corporation. Its financial statements for the years and contained errors as follows:
tableEnding inventory,$ overstated,$ overstatedDepreciation expense,$ understated,$ overstated
Assume that the proper correcting entries were made at December By how much will income before taxes be overstated or understated?
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