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Author Question: The entry to close the Income Summary to Capital was omitted, there was a net income. This error would cause (Read 71 times)

james

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on: Nov 11, 2019
The entry to close the Income Summary to Capital was omitted, there was a net income. This error would cause
◦ net income to be understated.
◦ the Capital account to be understated.
◦ net income to be overstated.
◦ the Capital account to be overstated.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by james on Nov 11, 2019

xoxo123

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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james

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

covalentbond

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Reply 3 on: Yesterday
:D TYSM

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