Introduction to Accounting

Accounting
Tutor: None Selected Time limit: 1 Day

The freight paid on goods purchased F.O.B. Shipping Point was not recorded.  This error will cause.

a. net income to be overstated

b. net income to be understated

c. net income to not be affected

d. total liabilities to be overstated

Mar 5th, 2015

a. net income to be overstated

Mar 5th, 2015

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Mar 5th, 2015
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Mar 5th, 2015
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