pettit company reports net income of $90,000 in 2015. however,

Project Description:

pettit company reports net income of $90,000 in 2015. however, ending inventory was understated $7,000. what is the correct net income for 2015? what effect, if any, will this error have on total assets as reported in the balance sheet at december 31, 2015?
Skills Required:
Project Stats:

Price Type: Negotiable

Expired
Total Proposals: 10
1 Current viewersl
21 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.8
    212 Jobs 139 Reviews
    $0 in 0 Day
  • 4.7
    235 Jobs 157 Reviews
    $0 in 0 Day
  • 4.9
    95 Jobs 45 Reviews
    $0 in 0 Day
  • 4.8
    549 Jobs 388 Reviews
    $2 in 0 Day
  • 4.3
    7 Jobs 3 Reviews
    $30 in 0 Day
  • 4.8
    60 Jobs 32 Reviews
    $0 in 0 Day
  • 4.7
    74 Jobs 28 Reviews
    $0 in 0 Day