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need help asap will give thumbs up A company is performing an inventory count at year-end. Assume during the inventory count, a section of the

need help asap will give thumbs up
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A company is performing an inventory count at year-end. Assume during the inventory count, a section of the warehouse was skipped. This resulted in ending inventory being understated. Which of the following would result due to this scenario? COGS understated; Net income understated O COGS overstated; Net income understated O COGS overstated; Net income overstated O COGS understated; Net income overstated

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