Wildhorse Co . reported these income statement data for a 2 - year period. Wildhorse Co .
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Wildhorse Coreported these income statement data for a year period. Wildhorse Co uses a periodic inventory system. The inventories at January and December are correct. However, the ending inventory at Decemer is overstated by $ What is the Cumulative effect of the inventory error on total gross profit for the two years?
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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