Question
Food Inventory for March is $6,500 and for April, Inventory is $5,600. If the adjustment for Food Inventory for the month of April was NOT
Food Inventory for March is $6,500 and for April, Inventory is $5,600. If the adjustment for Food Inventory for the month of April was NOT made:
a. expenses would be too low.
b. expenses would be too high.
c. revenue would be too low.
d. assets would be too low.
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Sound Investing, Chapter 8 - Revenue Hoaxes
Authors: Kate Mooney
3rd Edition
007171930X, 9780071719308
