英语翻译A purchase of office equipment for cash of $130 was recorded as an addition to Office equipment and an addition to Liabilities .By what amounts are the accounts under-or overstated as a result of this error?("Understated"means too low ,and "overstated"means too high.)Assets ,overstated $130 ; Liabilities ,overstated $130
问题描述:
英语翻译
A purchase of office equipment for cash of $130 was recorded as an addition to Office equipment and an addition to Liabilities .By what amounts are the accounts under-or overstated as a result of this error?("Understated"means too low ,and "overstated"means too high.)
Assets ,overstated $130 ; Liabilities ,overstated $130
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