Question: sheet. Explain how this error will affect this year's income statement. This year's net income will be too high. This year's cost of goods sold

sheet. Explain how this error will affect this year's income statement.
This year's net income will be too high.
This year's cost of goods sold will be too high.
This year's cost of goods sold will be too low.
This year's net income will be too low.
sheet. Explain how this error will affect this year's income statement.

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