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Business, 03.12.2019 01:31 theatergeek005

Barin retail outlets incorrectly recorded inventory in 2016. rather than recording ending inventory as $960,000, barin's accounting manager entered $690,000, understating ending inventory by $270,000. barin's controller discovered the error in 2018. prepare the journal entry necessary to correct the inventory error, ignoring any income tax effects.

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