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3 years ago

7

When making the adjustment for prepaid insurance, instead of writing off only the time that has passed the entire policy was wri

tten off.This would:
a. overstate the assets
b. overstate the liabilities
c. understate net income
d. None of the above.

1 answer:

Amiraneli [1.4K]3 years ago

8 0

I think it's C understate net income

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1 year ago

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<h2>Learn more:</h2>

Writing linear equations: brainly.com/question/12169569

#LearnWithBrainly

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3 years ago