Question: Errors in Inventory Counts The following information was taken from the records of Tinker Enterprises: The following two errors were made in the physical inventory

Errors in Inventory Counts
The following information was taken from the records of Tinker Enterprises:
The following two errors were made in the physical inventory counts:
Year 1 ending inventory was understated by $16,800
Year 2 ending inventory was overstated by $8,400
Compute the correct cost of goods sold for both years.
Errors in Inventory Counts The following information was taken from the

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