Question: Save Answer 1 points - During preparing the financial statements for 2021 the internal auditor discovered that cost of goods sold was overstated by $2000
Save Answer 1 points - During preparing the financial statements for 2021 the internal auditor discovered that cost of goods sold was overstated by $2000 during 2018. In the financial statements for 2021, this error should be: Adjusted in the statement of changes in Equity 2021. . Adjusted in the statement of retained earnings 2021. OC Ignored because the error related to 2018. OD Adjusted in the statement of comprehensive income 2021
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