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David Gordon Is an Accountant for Bronte Ltd

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David Gordon is an accountant for Bronte Ltd.At the end of the year he realised that ending inventory was overstated but the purchases account was recorded correctly.What is the effect of above error in the income statement and balance sheet (inventory)accounts of Bronte Ltd? David Gordon is an accountant for Bronte Ltd.At the end of the year he realised that ending inventory was overstated but the purchases account was recorded correctly.What is the effect of above error in the income statement and balance sheet (inventory)accounts of Bronte Ltd?

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