If Period 1 ending inventory is overstated, then what items are affected on the income statement? Indicate whether the item would be understated or overstated.

Name: If Period 1 ending inventory is overstated, then what items are affected on the income statement? Indicate whether the item would be understated or overstated.
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The Answer of If Period 1 ending inventory is overstated, then what items are affected on the income statement? Indicate whether the item would be understated or overstated.

If Period 1 Ending Inventory Is Overstated, Then What Items