Question: I need help with this question. Please show all work, thank you! Understating beginning Inventory will understate: a . net income. b . assets. c

I need help with this question. Please show all work, thank you!
Understating beginning Inventory will understate:
a.net income.
b.assets.
c.cost of goods sold
d.owner's equity.
I need help with this question. Please show all work, thank

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