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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

59

Answers (3)

Net profit is overstated

Sriram Somayajula

Sriram Somayajula

Admin

12-Aug-20

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

Thread Starter

CA MINDS- EASY CA COACHING

CA MINDS- EASY CA COACHING

CA Foundation

★ 3K+

12-Aug-20

Thread Starter

CA MINDS- EASY CA COACHING

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

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