Nikita companys financial statements show the following the, Ask an Expert

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Nikita Company's financial statements show the following. The company recently discovered that in making physical counts of inventory, it had made the following errors: Inventory on December 31, 2008, is understated by $56,000, and inventory on December 31, 2009, is overstated by $25,000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9984421

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