If a $1,000 purchase on credit last year was not recorded until this year and these goods purchased were not included in any year's ending inventory, the purchase error is counterbalancing.

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The Answer of If a $1,000 purchase on credit last year was not recorded until this year and these goods purchased were not included in any year's ending inventory, the purchase error is counterbalancing.

If a $1,000 Purchase on Credit Last Year Was Not