Question: SE6-10. Errors in Inventory Count Bow Corp. accidentally overstated is 201 5 ending inventory by $750. L ume that ending 2016 inventory is accurately counted.

SE6-10. Errors in Inventory Count Bow Corp. accidentally overstated is 201 5 ending inventory by $750. L ume that ending 2016 inventory is accurately counted. The error in 2015 will have what effect on Bow Corp.? a. 2015 net income is understated by $750 b. 2015 net income is overstated by $750 c. 2016 net income is understated by $750 d. Both b and c are correct

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