David Gordon is an accountant for Bronte Ltd.At the end of the year he realised that ending inventory was overstated but the purchases account was recorded correctly.What is the effect of above error in the income statement and balance sheet (inventory)accounts of Bronte Ltd? 
Definitions:
Mental Representation
Internal images, symbols, or concepts used to understand the world, remember information, and solve problems.
Sensorimotor Substage
A phase in Jean Piaget's theory of cognitive development, occurring from birth to approximately age 2, where infants learn through interacting with their environment using their senses and motor actions.
Secondary Circular Reactions
Repetitive actions in infant development focused on external objects, forming part of Piaget's sensorimotor stage.
Tertiary Circular Reactions
The stage in infant development, according to Piaget, characterized by the purposeful adaptation of established schemes to new situations.
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