quallt4309 quallt4309

27-02-2024
Business

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Hydro White Water Co. sells canoes, kayaks, whitewater rafts, and other boating supplies. During the taking of its physical inventory on December 31, 2012, Hydro White Water incorrectly counted its inventory as 439,650 instead of the correct amount of 451,000.
c. Overstatement of assets
d. Understatement of liabilities

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