The effect of overstating revenue expenditure in the profit and loss account is that the
A opening stock will be increased
B net profit will be understand
C net profit will be overstead
D opening stock will be decreased
Answer is B
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The effect of overstating revenue expenditure in the profit and loss account is that the
A opening stock will be increased
B net profit will be understand
C net profit will be overstead
D opening stock will be decreased
Answer is B