Question: froblem 6 - 1 1 A Analysis of inventory errors LO 5 , 9 While performing a detailed review of its financial records, Doors Unlimited

froblem 6-11A Analysis of inventory errors LO5,9
While performing a detailed review of its financial records, Doors Unlimited noted the following ending inventory errors:
\table[[2020,2021,2022],[Understated $52,000,Overstated $14,000,No errors]]
\table[[,2023,2024,2025],[,$ 345,000,$ 420.000,$ 392,000],[Cost of goods sold as reported.,1,300,000,1,750,000,2,100,000],[,340,000,516,000.,652,000]]
Required Calculate the corrected ending inventory and cost of goods sold amounts for each year by completing the following schedule: '
\table[[2023,2024,2025]]
Corrected ending inventory q,
Corrected cost of goods sold q,
Corrected profit. q,
froblem 6 - 1 1 A Analysis of inventory errors LO

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