Accountancy, asked by gwietha, 7 months ago

understated and overstated in accounting, how do i do that?

Answers

Answered by fl716311
0

Answer:

Accounting overstated and understated

An overstated balance is an account balance that is reported as having a greater balance than it actually does, while an understated balance is one that is reported as having a lesser balance than it actually does.

Explanation:

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