In December 2007, the company paid $2,500 for insurance for the first six months of 2008. This
Question:
(1) The error was found in August 2008 after the 2007 books had been closed and
(2) The error was found in August 2009 after the 2008 books had been closed. Ignore income taxes.
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Related Book For
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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