After reporting the profit for the year, it is found that $12,200 of stationery reported as an asset by the year end has

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answerhappygod
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After reporting the profit for the year, it is found that $12,200 of stationery reported as an asset by the year end has

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After reporting the profit for the year, it is found that$12,200 of stationery reported as an asset by the year end has infact been fully used. The effect of the correction of this errorwould be:
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