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Question - Let's toss some numbers in to see what we can do with this. Laurie's Company reports net income of $45,000 in 2016. However, ending inventory was understated $3,500. What is the correct net income for 2016? What effect, if any, will this error have on total assets as reported in the balance sheet at December 31, 2016? Let's see what you come up with?
a group of medical professionals is cosidering theconstruction of a private clincic. if the medical demand ishigh there
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Auditors must be concerned with both generally accepted auditing standards and generally accepted accounting principles in performing an audit.
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Should the company continue to purchase the part, or should it begin making the part
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