In 2016, the controller of sytec corporation discovered that $42,000 of inventory purchases were incorrectly charged to advertising expense in 2015. in addition, the 2015 year-end inventory count failed to include $30,000 of company merchandise held on consignment by erin brothers. sytec uses a periodic inventory system. other than the omission of the merchandise on consignment, the year-end inventory count was correct. the amounts of the errors are deemed to be material. required: 1. determine the effect of the errors on retained earnings at january 1, 2016. explain your answer. (ignore income taxes.) 2. prepare a journal entry to correct the errors. 3. what other step(s) would be taken in connection with the correction of the errors?

answer; the landlord can sue the renter,and the renter loses the security deposit;

answercountries with higher real income per capita tend to have higher levels of this index.

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent