Dowell hardware reported cost of goods sold as follows


Question: Dowell Hardware reported cost of goods sold as follows

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Dowell made two errors:

1. 2016 ending inventory was overstated by $2,000.

2. 2017 ending inventory was understated by $5,000.

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Accounting Basics: Dowell hardware reported cost of goods sold as follows
Reference No:- TGS02623569

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