Question: (Correcting errors, LO 2, 3, 4) Examine the accounting errors described in Exercise E3-21. For each error explain the impact the error (and failure to

(Correcting errors, LO 2, 3, 4) Examine the accounting errors described in Exercise E3-21.

For each error explain the impact the error (and failure to correct the error)

would have on the financial statements.

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