Comparative statements for Bodie Corporation are as follows: In 2010, Bodie Corporation discovers.
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Comparative statements for Bodie Corporation are as follows: In 2010, Bodie Corporation discovers that ending inventory for 2009 was understated by $11,000. Prepare comparative income and retained earnings statements for 2009 and 2010. Ignore income tax effects, and assume that the 2010 books have not beenclosed.
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