Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

if a company mistakenly counts more items during a physical inventory than actually exist, how will the error affect their bottom line?

Sagot :

Answer:

The cost of the merchandise was not included in ending inventory.

Net income for the current year will be understated.

Explanation: