Answer:
Cost of goods sold will be overstated by $10,000
Net income will be understated by $10,000
Explanation:
The movements in inventory account can be shown as
Opening balance + purchases - cost of goods sold = ending balance
As such, understating the ending balance would result in an overstatement of cost of goods sold. This will in turn result in an understatement of gross and net income.
Answer:
I think it's first one tooo
Answer:
Fees-the additional costs a lender charged for processing a loan
Principal-The amount initially borrowed from a lender
Taxes-payments homeowners are required to make each year to the government
Down payment- the amount a borrower needs to have on hand to obtain a mortgage
Explanation:
No, companies look for a serious employee. The look for neatness and how you carry yourself.
Answer:
Option a
Explanation:
In simple words, event refers to a potential situation that may or may not happen in the future and the occurrence or non occurrence of which depends on various factors in which some can be controlled by the affected party in advance and some are not.
These events could be either threat or opportunity. Although by using specialized knowledge these could be predicted at a certain level but its occurrence could not be guaranteed,
