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The Accountant for Lee Company Made the Following Errors Related

question 45

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The accountant for Lee Company made the following errors related to merchandise inventory in 2016:
1) The beginning inventory for 2016 was overstated by $750 due to an error in the physical count.
2) A $1,300 purchase of merchandise on credit was not recorded and was not included in the ending inventory.
Assuming a periodic inventory system, Lee Company's 2016 cost of goods sold will be

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Topic Sentence

A sentence that summarizes the main idea of a paragraph or section, often found at the beginning to provide a clear focus.

Coherence

The logical and orderly presentation of ideas in a text or speech, which enhances understandability and flow.

Transitions

Movements, passages, or changes from one state, condition, subject, place, etc., to another.

Persuasive Writer

A writer skilled in crafting written content that effectively convinces readers to adopt a specific viewpoint or take a particular action.

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