question archive During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $216,400 instead of the correct amount of $170,399
During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $216,400 instead of the correct amount of $170,399
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During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $216,400 instead of the correct amount of $170,399. The effect on the balance sheet and income statement would be?
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