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Overstatement of sales

Accountancy

What happens to net profit when there is overstatement of sales?

Anirudh Gupta

CA Inter

★ 3K+

12-Aug-20 17:52

347

Answers (3)

Net profit is overstated

Sriram Somayajula

Admin

12-Aug-20 17:52

Thank you sir When I chose the solution the answer was given as understatement That is why I asked the question

Thread Starter

Anirudh Gupta

CA Inter

★ 3K+

12-Aug-20 17:53

Thread Starter

Anirudh Gupta

Thank you sir When I chose the solution the answer was given as understatement That is why I asked the question

Please mark the MCQ correction by clicking on top right !. We shall correct it immediately

Sriram Somayajula

Admin

12-Aug-20 17:54

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Overstatement of sales

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