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The following inventory valuation errors have been discovered for Knox Corporation: The 2015 year-end inventory was overstated by $23,000. The 2016 year-end inventory was understated
The following inventory valuation errors have been discovered for Knox Corporation:
- The 2015 year-end inventory was overstated by $23,000.
- The 2016 year-end inventory was understated by $61,000.
- The 2017 year-end inventory was understated by $17,000.
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2 Principles Of Financial And Managerial Accounting
Authors: Pollard, Sherry T. Mills, Walter T. Harrison Jr.
0136009891, 978-0136009894
