MCQs>Finance & Management>General Financial Accounting>It is given that while performing the year end review of inventory, the Inventory had been overstated by 15000 dollars. In order to perform the appropriate adjustments, a certain account was credited. Which of the following accounts could it be?
General Financial Accounting MCQs
It is given that while performing the year end review of inventory, the Inventory had been overstated by 15000 dollars.
In order to perform the appropriate adjustments, a certain account was credited. Which of the following accounts could it be?
Answer
Correct Answer: Inventory account
Explanation:
Note: This Question is unanswered, help us to find answer for this one