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What would have been the income before income taxes

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Question - For a recent period, the balance sheet for Consumer Wholesale Corporation reported accrued expenses of $1880 million. For the same period, Consumer reported income before income taxes of $2070 million. Assume that the adjusting entry for the accrued expenses was not recorded at the end of the current period. What would have been the income (loss) before income taxes?

Reference no: EM132637367

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