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ser-zykov [4K]
3 years ago
6

In one or two sentences, Explain how quantity supplied and price are related.

Business
2 answers:
WARRIOR [948]3 years ago
7 0
Hello!

The price rises when the quality rises, because the quality of the product depends on the quality of the feedstock.

Hugs!
AnnZ [28]3 years ago
5 0

IT Quantity not quality

Real answer

The prices lowers when the Quantity rises, Selling your stock in order to pay for the next stock is needed if you have alot of it

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Answer:

This would affect the income statement by having expenses

c. understated and therefore net income overstated revenues

Explanation:

Adjusting Entry:

It is such entry which is added at the end of the fiscal period in order to make the income statement accurate.

Overstated:

In Accounting, overstated amount means that amount is greater than the true amount.

Understated:

In Accounting, if an amount is less than the true amount then it is known as understated.

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