Question: Question 4 View Policies Current Attempt in Progress During its December 31, 2021 year-end inventory count, Sunland Company failed to count items in transit to

 Question 4 View Policies Current Attempt in Progress During its December

Question 4 View Policies Current Attempt in Progress During its December 31, 2021 year-end inventory count, Sunland Company failed to count items in transit to which it had legal title. As a result of this error, ending inventory was understated by $30800. Assuming the company makes no errors in 2022, Googly's owner's equity at the end of December 2022 will be overstated by $30800. understated by $30800. overstated by $61600. correct Save for Later Attempts: 0 of 1 used Submit

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