
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778 تمرين 37
Indicate the effects of the following errors on each of the items listed in the column headings below. Use the following symbols: O = overstated, U = understated, and NE = no effect. Assume that the company does not use the direct write-off method to account for uncollectible accounts.
• Gross Profit = Sales ?Cost of Goods Sold
• Current Ratio = Current ÷Assets Current Liabilities
• Receivables Turnover Rate = Sales ÷Average Accounts Receivable (net)
• Working Capital = Current Assets ? Current Liabilities
• Gross Profit = Sales ?Cost of Goods Sold• Current Ratio = Current ÷Assets Current Liabilities
• Receivables Turnover Rate = Sales ÷Average Accounts Receivable (net)
• Working Capital = Current Assets ? Current Liabilities
التوضيح
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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