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majestico majestico
wrote...
Posts: 1455
Rep: 6 0
7 years ago
The physical count of inventory was incorrect, which overstated the ending inventory. This would cause:
A) Cost of Goods Sold to be overstated.
B) gross profit to be understated.
C) Cost of Goods Sold to be understated.
D) operating expenses to be understated.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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Posts: 710
7 years ago
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majestico Author
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7 years ago
Smart ... Thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Thank you, thank you, thank you!
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