Which of the Following Errors Will Normally Result in Overstatement

question 27

Multiple Choice

Which of the following errors will normally result in overstatement of 2017 net income?

• A) failure to record merchandise purchases in 2016
• B) understatement of 2016 ending merchandise inventory
• C) failure to record accrued salaries expense in 2016
• D) overstatement of prepaid expense in 2016

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