Business, 05.11.2020 19:10 andrwisawesome0
C. Goode Eyeglasses overstated its inventory by $30,000 at the end of 2021. If the error is not discovered until 2023, before adjusting or closing entries, C. Goode would need:
A) A prospective achjustment in the 2022 income statement
B) An increase in 2023 retained comings
C) A debit to inventory of $30,000 in 2023
D) None of these answer choices are correct
Answers: 1
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C. Goode Eyeglasses overstated its inventory by $30,000 at the end of 2021. If the error is not disc...
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