Introduction to Accounting

Accounting
Tutor: None Selected Time limit: 1 Day

the freight paid on goods purchased FOB shipping point was debited to the Freight Expense.  This error will cause

a.  period-end assets to be understated

b. period end liabilities to be understated

c.  period's net income to be overstated.

d. none above

Mar 7th, 2015
the freight paid on goods purchased FOB shipping point was debited to the Freight Expense.  This error will cause
d. none above


Mar 7th, 2015

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Mar 7th, 2015
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Mar 7th, 2015
Mar 29th, 2017
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