An overstatement of ending inventory in one period results in

Asked by admin @ 02/08/2021 in Business Studies viewed by 289 People

Answered by admin @ 02/08/2021

When an ending inventory overstatement occurs, the cost of goods sold is stated too low, which means that net income before taxes is overstated by the amount of the inventory overstatement. However, you then have to pay income taxes on the amount of the overstatement.

How did the one-child policy result in large numbers of undocumented chinese?

Asked by maham237 @ 22/12/2020 in History viewed by 368 persons

How did the one-child policy result in large numbers of undocumented Chinese? The Chinese government could not keep up with the vast amount of paperwork required to document children. Many …

Why do some accountants prepare an end of period spreadsheet

Asked by admin @ 10/11/2021 in Business viewed by 270 persons

Palmer company, inc. is at the end of its annual accounting period. the accountant has journalized and posted all external transactions and all adjusting entries, had prepared an adjusted trial …

About one of every three collisions results in an injury

Asked by admin @ 29/10/2021 in English viewed by 503 persons

Motor vehicle crashes cause one of every three injury deaths among children ages blank and under

What was one result of the french and indian war

Asked by admin @ 02/10/2021 in History viewed by 306 persons

What was one result of the French and Indian War? A. The fort at Louisbourg was given back to the French government. B. George Washington was put on trial for …

If the coordinates of one end of a diameter

Asked by admin @ 20/08/2021 in Math viewed by 294 persons

if the coordinates of one end of a diameter of a circle are (2,3) and the coordinates of its centre are (-2,5), then find the coordinates of the other end …

A wire suspended vertically from one of its ends

Asked by admin @ 17/08/2021 in Physics viewed by 281 persons

A wire suspended vertically from one of its ends is stretched by attaching a weight of 200n to the lower end. The weight stretches the wire by 1mm. Then the …

A wire suspended vertically from one of its end

Asked by admin @ 11/08/2021 in Physics viewed by 270 persons

A wire suspended vertically from one of its ends is stretched by attaching a weight of 200n to the lower end. The weight stretches the wire by 1mm. Then the …

Essay on childhood is the happiest period of one's life

Asked by admin @ 06/08/2021 in English viewed by 343 persons

Essay on childhood is the best period of one's life

A disadvantage of the fixed period inventory system is that

Asked by admin @ 02/08/2021 in Business Studies viewed by 289 persons

A disadvantage of the fixed-period inventory system is that: select one: a. Since there is no count of inventory during the review period, a stockout is possible. b. Orders usually …

One major characteristic of the renaissance period is that the

Asked by admin @ 02/08/2021 in Business Studies viewed by 307 persons

One major characteristic of the Renaissance period is that

What was one significant result of the war of 1812

Asked by admin @ 02/08/2021 in History viewed by 272 persons

What was one significant result of the war of 1812?

What was one result of the american invasion of canada

Asked by maham237 @ 12/06/2021 in History viewed by 265 persons

a. Detroit was surrendered to the British Army. b. Successful invasions bolstered American pride. c. British troops surrendered to the American forces. d. The state militias gained reputations for courage

What was one result of the nuclear test ban treaty

Asked by maham237 @ 02/06/2021 in History viewed by 290 persons

The Soviet Union ended all nuclear testing. Nearly forty countries ended aboveground nuclear tests. The United States and the Soviet Union ceased to communicate. Relations between the United States and …

Which of the following is one result of international trade

Asked by maham237 @ 20/05/2021 in Business viewed by 320 persons

A. Trade increases protectionism B. Trade drives prices higher C. Trade reduces competition D. Trade creates new markets

What was one result of high u.s. tariffs on imported goods?

Asked by maham237 @ 26/12/2020 in History viewed by 397 persons

What was one result of high U.S. tariffs on imported goods? American businesses faced decreased profits. The European economy recovered quickly. Germany repaid all reparations to Great Britain and France. …