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Suppose that Laramie Company s adjusted trial balance ignored the additional information shown. Required: Indicate what effects, if any, this omission would have on the
Suppose that Laramie Companys adjusted trial balance ignored the additional information shown.
Required:
Indicate what effects, if any, this omission would have on the stated components of Laramie Company's Income Statement and Balance Sheet. Assume no income taxes.
Note: Understated amounts should be indicated with a minus sign.
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
11th Edition
0131867121, 978-0131867123
