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Each of the Following Errors Will Overstate 2016 Net Income

Question 47

Multiple Choice

Each of the following errors will overstate 2016 net income except


A) Equipment purchased in 2015 was expensed.
B) Wages payable were not recorded at 12/31/16.
C) Equipment purchased in 2016 was expensed.
D) 2016 ending inventory was overstated

Correct Answer:

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