Current Attempt in Progress Sheffield Technologies Company reported the following income statement data for a...
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Accounting
Current Attempt in Progress Sheffield Technologies Company reported the following income statement data for a 2-year period. Sheffield uses a periodic inventory system. The inventories at January 1, 2022, and December 31, 2023, are correct. However, the ending inventory at December 31,2022 , was overstated $4,000. Prepare correct income statement data for the 2 years
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