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Wilder Company Reported Pretax Profit Amounts Of: 20B, $11,000; and 20C

Question 29

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Wilder Company reported pretax profit amounts of: 20B, $11,000; and 20C, $15,000. Later it was discovered that the ending inventory for 20B was understated by $2,000 (and not corrected in 20C) . The correct pretax profit for each year was which of the following? Wilder Company reported pretax profit amounts of: 20B, $11,000; and 20C, $15,000. Later it was discovered that the ending inventory for 20B was understated by $2,000 (and not corrected in 20C) . The correct pretax profit for each year was which of the following?   A)  Choice A B)  Choice B C)  Choice C D)  Choice D


A) Choice A
B) Choice B
C) Choice C
D) Choice D

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