If the Opening stock is undervalued
A goods available would be understated and gross profit overstated
B goods available and gross profit would be understates
C goods available would be overstated and gross profit understated
D gross profit and goods available would be overstated
Answer is A
Do you need a better understanding of this subject?
Do you need assignment help or homework help, tips and expos on how to pass your exams excellently well in any of your subjects? Click Here To Get Started.
This tutorial class is limited to 250 students only. JOIN OTHER STUDENTS NOW ON TELEGRAM
|