Shetland Company reported net income on the yearend financial statements of $132,946. However, errors in inventory were discovered after the reports were issued. If inventory was understated by $12,270, how much net income did the company actually earn?.
Shetland Company reported net income on the yearend financial statements of $132,946. However, errors in inventory were discovered after the reports were issued. If inventory was understated by $12,270, how much net income did the company actually earn?.