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  3. Study Set
    College Accounting Study Set 5
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    Exam 14: Adjustments and the Work Sheet for a Merchandising Business
  5. Question
    If the Ending Inventory Is Understated for Any Reason, Net
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If the Ending Inventory Is Understated for Any Reason, Net

Question 36

Question 36

True/False

If the ending inventory is understated for any reason, net income will be overstated.

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