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Non-Tech : Versatech (VITC)
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To: Sid Turtlman who wrote (230)11/23/1997 7:42:00 PM
From: Da Cat in Da Hat   of 435
 
The error I saw was in the summation of Net Property and Equipment.
Because it was reconciled in Total Assets I guessed it was a reconcile error in a spreadsheet.

Looking at it from your angle it seems inventory grew but I do not know how to reconcile this pro or con. Like you, I am not an accountant. Are you saying that people who are supposed to be CPA's are wrong and are responsible for an error of over a half million dollars on cash flow of 2 million?
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