Multiple Choice
McCartney Corp.reports on a calendar-year basis.Its 2013 and 2014 financial statements contained the following errors:
As a result of the above errors,2014 income would be
A) overstated by $4,000.
B) overstated by $24,000.
C) overstated by $22,000.
D) overstated by $16,000.
Correct Answer:
Verified
Correct Answer:
Verified
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