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Fast2F Fast2F
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Posts: 1470
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6 years ago
Common stock was sold in excess of par; the excess was credited to Sales. This error would cause:
A) the period end assets to be overstated.
B) the period's net income to be overstated.
C) the period's net income to be understated.
D) None of these is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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6 years ago
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Fast2F Author
wrote...
#2
6 years ago
Correcttttt
wrote...
#3
5 years ago
Happy to help Slight Smile
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