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| At the end of year 1, Ritzcar Co. failed to accrue sales commissions earned during year 1 but paid in year 2. The error was not repeated in year 2. What was the effect of this error on year 1 ending working capital and on the year 2 ending retained earnings balance? year 1 ending working capital year 2 retained earnings A. overstated overstated B. no effect overstated C. no effect no effect D. overstated no effect
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