06-03-2021
Business

contestada

An understatement of ending inventory will cause an understatement of assets and equity on the balance sheet.

True? or False?

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lopestafffff lopestafffff

06-03-2021

Answer:

True

Explanation:

An incorrect inventory balance causes the reported value of assets and owner's equity on the balance sheet to be wrong.

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saarrtiingnoton saarrtiingnoton

06-03-2021

The correct answer for this question is true

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