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What is the actual amount of beginning inventory

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Reference no: EM133024917

Question - Lisa Corp has the following inventory data for 2019:

beginning inventory per fs 78,000

beginning inventory actual ?

ending inventory per fs 82,000

ending inventory actual 82,700

Assume 2019 net income per the fs is overstated by $1,500 as a result of the above noted inventory errors.

Required - What is the actual amount of beginning inventory?

Reference no: EM133024917

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