Question: Question 1 5 If ending inventory is overstated by $ 6 , 0 0 0 , then: cost of goods sold is understated by $

Question 15
If ending inventory is overstated by $6,000, then:
cost of goods sold is understated by $6,000.
stockholders' equity is overstated by $6,000.
gross profit is understated by $6,000.
A and B.
Question 15 If ending inventory is overstated by $6,000, then: cost

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