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Wilder Company Reported Pretax Profit Amounts Of: 20B,$11,000; and 20C,$15,000

Question 32

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Wilder Company reported pretax profit amounts of: 20B,$11,000; and 20C,$15,000.Later it was discovered that the ending inventory for 20B was understated by $2,000 (and not corrected in 20C) .The correct pretax profit for each year was which of the following?


A) Choice A
B) Choice B
C) Choice C
D) Choice D

Correct Answer:

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