Bosh Company failed to count $22,000 of inventory in its 2016 year-end physical count. Required Explain how

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Bosh Company failed to count $22,000 of inventory in its 2016 year-end physical count.
Required
Explain how this error will affect Bosh’s 2016 financial statements, assuming that Bosh uses the perpetual inventory system.
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Related Book For  book-img-for-question

Fundamental Financial Accounting Concepts

ISBN: 978-0078025907

9th edition

Authors: Thomas Edmonds, Christopher Edmonds

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