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What is the effect of a $50,000 overstatement of last year's inventory on current years beginning retained earning balance? What is the effect of a
What is the effect of a $50,000 overstatement of last year's inventory on current years beginning retained earning balance?
What is the effect of a $50,000 overstatement of last year's inventory on current years ending retained earning balance?
Please give reason also! I want reason specifically.
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