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Business, 26.11.2019 20:31 sgslayerkingminecraf

Acompany uses the periodic inventory method and the beginning inventory is overstated by $4,000 because the ending inventory in the previous period was overstated by $4,000; the ending inventory for this period is correct. the amounts reflected in the current end of the period balance sheet are:
asset stockholders’ equity
a) overstated overstatedb) correct correctc) understated understatedd) overstated correct

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