Question: An understatement of ending inventory will causeSavedMultiple Choice 0 0 : 2 3 : 3 2 An overstatement of assets and equity on the balance

An understatement of ending inventory will causeSavedMultiple Choice

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An overstatement of assets and equity on the balance sheet.An understatement of assets and equity on the balance sheet.An overstatement of assets and an understatement of equity on the balance sheet.An understatement of assets and an overstatement of equity on the balance sheet.No effect on the balance sheet.

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