Solution-Explain how this error would affect the amounts

Explain how this error would affect the amounts

Reference no: EM13871706

Assume the 2015 ending inventory of Shea's Shrimp Shack was understated by $ 10,000. Explain how this error would affect the amounts reported for cost of goods sold and gross profit for 2015 and 2016.

Reference no: EM13871706

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Explain how this error would affect the amounts : Assume the 2015 ending inventory of Shea's Shrimp Shack was understated by $ 10,000. Explain how this error would affect the amounts reported for cost of goods sold and gross profit for 2015 and 2016.

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Explain how this error would affect the amounts

Reference no: EM13871706

Reference no: EM13871706

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