Essay
Liche Company reported net income of $54,000 in 2022 and $80,000 in 2023. However, ending inventory was overstated by $6,000 in 2022.
Instructions
Compute the correct net income for Liche Company for 2022 and 2023.
Correct Answer:
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[(2022 net inc. - End. inv. o...View Answer
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Correct Answer:
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[(2022 net inc. - End. inv. o...View Answer
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