Fran Company - respectively, are: understated and...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Fran Company's ending inventory is understated by $4,000. The effects of this error on the current year's cost of goods sold and net income,
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: respectively, are: understated and understated. overstated and understated. overstated and overstated. understated and overstated....
View Full Document

This note was uploaded on 01/04/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

Ask a homework question - tutors are online