Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hollander Company contrat a algunos estudiantes para ayudar a contar el inventario durante las vacaciones del semestre. Desafortunadamente, los estudiantes agregaron incorrectamente y el inventario

Hollander Company contrat a algunos estudiantes para ayudar a contar el inventario durante las vacaciones del semestre. Desafortunadamente, los estudiantes agregaron incorrectamente y el inventario final de 2019 se sobreestim en $5,000. Cul sera el efecto de este error en el inventario final?

Opcin multiple

Las ganancias retenidas finales de 2019 estaran subestimadas.

Los ingresos netos de 2019 estaran sobreestimados.

Los ingresos netos de 2019 estaran subestimados.

El costo de los bienes vendidos de 2019 estara sobreestimado.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Implementing And Auditing The Internal Control System

Authors: D. Chorafas

2001edition

0333929365, 978-0333929360

More Books

Students also viewed these Accounting questions

Question

LO 3-4 Evaluate the forces that affect trading in global markets.

Answered: 1 week ago

Question

* What is the importance of soil testing in civil engineering?

Answered: 1 week ago

Question

Explain the concept of shear force and bending moment in beams.

Answered: 1 week ago