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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 stated

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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 stated components of Laramie Companys 2024 income Statement and 12312024 Balance Sheet, Assume no income taxes Note: Understated amounts should be indicated with a minus sign

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