ok ok poko kdwkdwExplanation:
The answer to the given situation is "the result of this oversight is that the liabilities are understated".
We can define understated as if someone say to you that your account is understated, it means that either the amount is incorrect or the amount is too small or it is less than the actual or true amount. In the given case the entry was not made due the understatement of liabilities.
Answer:
Total cost accounted will be $192000
So option (C) will be correct answer
Explanation:
We have given beginning work in process inventory = $26000
Ending work in process inventory = $31000
And cost of units transferred from the department is $161000
We have to find the total cost accounted
Total cost account will be equal to sum of ending process inventory and cost of units transferred out from the department
So total cost accounted = $31000 + $161000 = $192000
So option (C) will be correct answer
In order to verify the quality and integrity of completes
visuals, you should NOT ask yourself the question “Is the
visual doing the job?”
<span>One needs to ensure visual and textual
flow in order to have successful integration with text involves for decisions.</span>
