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irinina [24]
3 years ago
7

If the beginning inventory for 2017 is overstated, the effects of this error on cost of goods sold for 2017, net income for 2017

, and assets at december 31, 2018, respectively, are
Business
1 answer:
Elis [28]3 years ago
7 0
The answer overstatement, understatement and no effect. In addition, the incapability to record a purchase of commodities on account even still the goods are properly comprised the physical inventory results in an underestimation of liabilities and an overemphasis of owners’ equity
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Explain how maintaining a provision for doubtful debts is an application of the principle of Matching
erica [24]

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Explanation:

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2 years ago
Explain why it is worthwhile to keep a theater open during the afternoon, at a time when there are fewer customers than in the e
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<h3>What is a business strategy?</h3>

Business strategy is a list of actions and decisions made by a company or organization to reach its goals and objectives.

Opening theater in the afternoon is a business strategy and it is an approach to create awareness of what their programs will be.

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8 0
2 years ago
Which of the following is a correct application of Marginal Analysis? a. You buying 4 pairs of shoes for $240 because you are wi
RoseWind [281]

Answer:

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  • This involves purchasing goods until the marginal gain is equal to the marginal cost.

The other options aren't sufficient for the scenario provided. But that will be the best alternative for option d.

6 0
3 years ago
What message is this price tag telling shoppers? (other than it is on sale)
KatRina [158]
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3 0
2 years ago
Joan borrowed $10,000 from a relative to start her own business. Assuming she takes all responsibility for the company's financi
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Answer:

sole proprietorship

Explanation: im guessing

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