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For the Current Year,the Net Income of Alpha and Omega

Question 57

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For the current year,the net income of Alpha and Omega was incorrectly calculated as $547,715 for the year ended December 31.You are called in as the accountant to determine the correct net income.After examination of the accounts,you find the following errors: For the current year,the net income of Alpha and Omega was incorrectly calculated as $547,715 for the year ended December 31.You are called in as the accountant to determine the correct net income.After examination of the accounts,you find the following errors:   Calculate the correct net income for this year. Calculate the correct net income for this year.

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