At year end,after preparing the financial statements,four errors were found.The first line in the tabulation below gives the uncorrected amounts.You are to develop the correct amount on the bottom line by entering the corrections for each error; indicate subtractions with parentheses.Assume a periodic inventory system. CORRECTED AMOUNTS

Question

At year end,after preparing the financial statements,four errors were found.The first line in the tabulation below gives the uncorrected amounts.You are to develop the correct amount on the bottom line by entering the corrections for each error; indicate subtractions with parentheses.Assume a periodic inventory system.   CORRECTED AMOUNTS

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The Answer of At year end,after preparing the financial statements,four errors were found.The first line in the tabulation below gives the uncorrected amounts.You are to develop the correct amount on the bottom line by entering the corrections for each error; indicate subtractions with parentheses.Assume a periodic inventory system.   CORRECTED AMOUNTS

At Year End,after Preparing the Financial Statements,four Errors Were Found