Risers inc. reported total assets of $1,800,000 and net income of $240,000 for the current year. risers determined that inventor

Question

3 years ago

12

Risers inc. reported total assets of $1,800,000 and net income of $240,000 for the current year. risers determined that inventor

y was overstated by $18,000 at the beginning of the year (this was not corrected). what is the corrected amount for total assets and net income for the year?

Business

1 answer:

fiasKO [112] · Answer 1 · 2022-02-12T22:23:59+03:00

fiasKO [112]3 years ago

6 0

$1,800,000 and $258,000.