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The shareholders are very happy with Brilliant's steady increase in net income. However, autors discovered that the ending inventory for 2019 was understated by
The shareholders are very happy with Brilliant's steady increase in net income. However, autors discovered that the ending inventory for 2019 was understated by $5 million and that the ending Inventory for 2020 was understated by $6 million. The ending inventory at December 31, 2021, was correct Question list K The accounting records of Briliant Home Store show these data (in milions): (Cck the ion to view the income statements.) Question 1 Read the squirements Question 2 Data table 2021 2020 2019 547 5 44 41 $ 23 . 27 19) 29*9 % Question 3 Question 4 Question 5 O Question 6 Requirement 1. Show comected income statements for each of the tree years. Enter at a De of goods said Brilliant Home Store Income Statements (adapted; amounts in millions) Years Ended December 31, 2021, 2020, and 2019 Question 71 Beginning inventory Net purchases Cost of goods available Less ending inventory Cost of goods sold Gre prof Operating expenses 2020 2019 Net sales revenue Cost of goods sold Beginning inventory Net purchases Cost of goods available Less ending inventory Cost of goods sold Operating expenses Net income Help me solve this Etext pages Get more help. Print Done 19 Clear all Check answer
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