Question: please help Bramble. Inc. has had some turnover in its parts inventory area. As a result, some irventory counting errors have been made in taking
Bramble. Inc. has had some turnover in its parts inventory area. As a result, some irventory counting errors have been made in taking the physical ending inventory in the last two fiscal years. Its financial statements for the years 2026 and 2025 contained errors as followis: Bramble has a 9/30 fiscal year-end. Assume that no correcting entries were made and that no additional errors occurred in fiscal 2027. Enarins income taves, by how much will income be overstated or understated at 9/30/26 ? $14700 overstated $2400 understated $2400 overstated $19500 understated
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