Telly Company reported profit in 20A of $22,000 and in 20B of $32,000. Later it was discovered tha the 20A ending inventory was overstated by $5,000. Compute the amount of profit (disregard incom tax) for 20A and 20B.
20A $________ 20B $________

Question

Quizplus · Accepted Answer

The Answer of Telly Company reported profit in 20A of $22,000 and in 20B of $32,000. Later it was discovered tha the 20A ending inventory was overstated by $5,000. Compute the amount of profit (disregard incom tax) for 20A and 20B.
20A $________ 20B $________

Telly Company Reported Profit in 20A of $22,000 and in 20B