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  3. the net income per books of donna clark company wa

The net income per books of Donna Clark Company was determined without knowledge of the...

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Accounting

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The net income per books of Donna Clark Company was determined without knowledge of the errors indicated below. Year Net Income per Books 2015 $ 54,600 2016 56,400 Error in Ending Inventory Overstated $ 3.210 Overstated 9,100 Understated 10,430 No error Understated 2,080 Overstated 8.520 2017 58,560 2018 60,500 2019 62.450 2020 64.480 Prepare a worksheet to show the adjusted net income figure for each of the years after taking into account the inventory errors Prepare a worksheet to show the adjusted net income figure for each of the years after taking into account the inventory errors. Net Income Per Books Overstattement Jan. 1 Errors in Inventories Understatement Jan. 1 Overstatement Dec. 31 Year 2015 $54600 $ 2016 56,400 2017 58.560 2018 60.500 2019 62,450 2020 64,480 $

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