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In 2018, beginning inventory was overstated by $10,000.What is the...

In 2018, beginning inventory was overstated by $10,000. What is the impact to the December 31, 2018 financial statements?

Question 6 options:


a) no impact


b) net income is overstated by $10,000


c) net income is understated by $10,000


d) accounts payable is understated by $10,000

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