Question: Indicate the effect understated overstated or no effect that each of the following errors has on 2022 net income and 2023 net income, a wages

Indicate the effect understated overstated or no effect that each of the following errors has on 2022 net income and 2023 net income, a wages payable or not recorded at December 31, 2022B equipment purchased in 2021 was expensed C equipment purchased in 2022 was expensed D ending inventory at December 31, 2022 was overstated E patent amortization was not recorded in 2023

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