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Question 14 Not yet answered Marked out of 1.00 If $500 was shown added to purchases instead of being added to a non-current assets. Select

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Question 14 Not yet answered Marked out of 1.00 If $500 was shown added to purchases instead of being added to a non-current assets. Select one: a. Net Profit only would be understated O b. Net Profit only would overstated c. It would not affect net profit d. Both gross profit and net profit would be understated

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