Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: tivo on Feb 20, 2017



Title: If ending inventory in Period 1 is overstated, gross profit in Period 2 is:
Post by: tivo on Feb 20, 2017
If ending inventory in Period 1 is overstated, gross profit in Period 2 is:
A) overstated.
B) understated.
C) not affected.
D) the same as in Period 1.


Title: Re: If ending inventory in Period 1 is overstated, gross profit in Period 2 is:
Post by: largerthanlife on Feb 20, 2017
Content hidden


Title: Re: If ending inventory in Period 1 is overstated, gross profit in Period 2 is:
Post by: tivo on Apr 10, 2017
Luckily this is the last business course I'll be taking. Thank you greatly