Answer:
<em>The adjustment for overapplied overhead </em><em><u>decreases cost of goods sold and increases</u></em><em> </em><em>net income</em>
The sales revenue will be recorded in the comprehensive Income after net of sales return.
The account receivables shows the credit sales made and the amount not recovered till yet from the customers.
Hence sales will come at top of profit and loss.
Sales return will come in noted to the financial statements in sales note.
And account receivables will be shown in balance sheet as current asset.
<span>As part of his overall stock portfolio, Jason bought a few shares of Facebook. in this context, he would best be described as shareholder of facebook.</span>
