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Overstatement of sales

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


CA MINDS- EASY CA COACHING

CA MINDS- EASY CA COACHING

CA Foundation

3K+

12-Aug-20 17:52

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Answers (3)

Net profit is overstated


Sriram Somayajula

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


CA MINDS- EASY CA COACHING

CA MINDS- EASY CA COACHING

CA Foundation

3K+

12-Aug-20 17:53

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

Sriram Somayajula

Admin

12-Aug-20 17:54

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