Business, 09.12.2021 15:00, sylvia47

You have been hired as the new controller for the Ralston Company. Shortly after joining the company in 2013, you discover the following errors related to the 2011 and 2012 financial statements: a. Inventory at 12/31/11 was understated by $6,000. b. Inventory at 12/31/12 was overstated by $9,000. c. On 12/31/12, inventory was purchased for $3,000. The company did not record the purchase until the inven

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You have been hired as the new controller for the Ralston Company. Shortly after joining the company...