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Sandhill Company reported these income statement data for a 2-year period. Sandhill Company uses a periodic inventory system. The inventories at January 1, 2024, and
Sandhill Company reported these income statement data for a 2-year period. Sandhill Company uses a periodic inventory system. The inventories at January 1, 2024, and December 31, 2025, are correct. However, the ending inventory at December 31,2024 , is overstated by $8,630. Prepare correct income statement data for the 2 years
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
10th Edition
1260481352, 978-1260481358
