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Effects of Errors on Financial Statements For a recent period, the balance sheet for Save-A-Lot...

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Effects of Errors on Financial Statements For a recent period, the balance sheet for Save-A-Lot Corporation reported accrued expenses of $468,295. For the same period, Save-A-Lot reported income before income taxes of $152,196. Assume that the adjusting entry for $468,295 of accrued expenses was not recorded at the end of the current period. What would have been the income (loss) before income taxes

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