The Great Company understated its inventory by $5,000 at the end of 20x4. The error is not discovered until after the 20x5 books have been closed. The discovery of the error will require: (ignore income tax effect.) Multiple Choice a debit to inventory of $5,000. a debit retained earnings of $5,000 none of the above a debit to inventory of $5,000. a debit retained earnings of $5,000. none of the above. a $5.000 adjustment in the 20x6 income statement