Oriole Company reported these income statement data for a 2 -year period. Oriole Company uses...
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Accounting
Oriole Company reported these income statement data for a 2 -year period. Oriole Company uses a periodic irventory system. The imventorios at January 1,2024, and December J1, 2025, are correct. However. the ending inventory at December 31,2024 , is overstated by $7,420. Prepare correct income statement data for the 2 years
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