Revenue for 2020 and 2021 Q2-2021 Q2-2020 600,500 675,300
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Question:
Revenue for 2020 and 2021
Q2-2021 Q2-2020
600,500 675,300
Expenses for 2020 and 2021
Q2-2021 Q2-2020
285,781 321,500
The income statement is audited and noted that expenses were actually 20 percent larger in Q2 2022 than initially noted. By how much in dollars (thousands) would the income fall in Q2 2022 due to the correction?
Related Book For
Financial Accounting
ISBN: 978-0324645576
10th edition
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
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