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mylen [45]
3 years ago
7

London Company hired some students to help count inventory during their semester break. Unfortunately, the students added incorr

ectly and the 2019 ending inventory was overstated by $5,000. What would be the effect of this error in ending inventory
Business
1 answer:
Natalija [7]3 years ago
5 0
They have to recount each thing
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3 years ago
The tax treatment regarding the sale of existing assets that are sold for more than the book value but less than the original pu
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capital gain tax liability

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6 0
3 years ago
An aging of Lily Company’s accounts receivable as of December 31 revealed the following. Amount % Uncollectible Current $20,000
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Over 60         10000 25% 2500

   

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Allowance bad debts   3000

Expense                    4000

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4 years ago
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The awnser is A.) 
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