Introduction to Accounting

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

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

Oct 20th, 2017
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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Oct 20th, 2017
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Oct 20th, 2017
Oct 20th, 2017
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