Question: Question 3 of 7 . -/1 Current Attempt in Progress The net income per books of Patricia Johnson Company was determined without knowledge of the

 Question 3 of 7 . -/1 Current Attempt in Progress The
net income per books of Patricia Johnson Company was determined without knowledge

Question 3 of 7 . -/1 Current Attempt in Progress The net income per books of Patricia Johnson Company was determined without knowledge of the errors indicated below. Year Net Income per Books Error in Ending Inventory Overstated $3,020 2015 $48.000 2016 50.890 Overstated 8.200 2017 53.000 Understated 10,970 2018 54.960 No error 2019 57.150 1.980 Understated Overstated 2020 59,330 8.380 Prepare a worksheet to show the adjusted net income noore for each of the years after taking into account the inventory errors Errors in Inventories Net Income Overstatement Understatement Overstatement Year Jan 1 Jani Dec 31 Per Books 2015 $48.800 5 2016 50.890 017 sen Question 3 of 7 -/1 Prepare a worksheet to show the adjusted net income fure for each of the years after taking into account the inventory errors Errors in Inventories Understatement Jan 1 Overstatement Dec 31 Understatement Dec. 31 Corrected Net Income 5 Textbook and Media Attempts:0 of 12 used Submit Anew MacBook Air

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