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For Each Independent Situation Given Below, Determine the Effect on Pretax

Question 3

Essay

For each independent situation given below, determine the effect on pretax profit for each. Enter "+" to indicate pretax profit is overstated, "-" to indicate pretax profit is understated, or "NA" to indicate that pretax profit is not affected.
For each independent situation given below, determine the effect on pretax profit for each. Enter + to indicate pretax profit is overstated, - to indicate pretax profit is understated, or NA to indicate that pretax profit is not affected.

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