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if the company had not discovered this shortage , identify what accoubts woyld be overstated or understated and by what amount ( please explain the

if the company had not discovered this shortage , identify what accoubts woyld be overstated or understated and by what amount ( please explain the calculation thanks )
question b is already answered . please help with question c . thanks image text in transcribed
image text in transcribed
If the company had not discovered this shortage, identify what accounts would be ove (Round answers to 2 decimal places, e.g. 1.25.) Merchandise Inventory Cost of Goods Sold Retained Earnings $ When the company counted its inventory at the end of April, it counted only 24 skateboards on hand. What journal entry, if any, should the company make to record this shortage? (Credit account titles are automatically indented when the amount is entered. Do not indent manually and Round answers to 2 decimal places, e.g. 1.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Question 3 Novak Skateshop Ltd. reports the following inventory transactions for its skateboards for the month of April. The company uses the perpetual inventory system

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