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On the balance sheet, if ending inventory is overstated, then total assets will be __________ and stockholders' equity will be __________. overstated; overstated understate…

On the balance sheet, if ending inventory is overstated, then total assets will be __________ and stockholders' equity will be __________. overstated; overstated understate…
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On the balance sheet, if ending inventory is overstated, then total assets will be __________ and stockholders' equity will be __________.

overstated; overstated
understated; understated
overstated; understated
understated; overstated

asked
User Samshel
by
7.8k points

1 Answer

12 votes
Overstated; overstated
answered
User Navjotk
by
8.6k points
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