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Business, 24.10.2019 02:30 yesmi

Acompany uses the periodic inventory method. beginning inventory is understated by $10,000 because the prior’s year’s ending inventory was understated by $10,000. the company’s ending inventory for this period is correct. the current period’s gross profit is and this year’s ending retained earnings is .

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Acompany uses the periodic inventory method. beginning inventory is understated by $10,000 because t...
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