Recording the purchase of computer stationery by debiting the computer equipment at cost account would result in:
A. an overstatement of profit and an overstatement of non current assets.
B.an understatement of profit and an overstatement of non current assets.
C.an overstatement of profit and an understatement of non current assets.
The correct choice is A. WHY???
谢谢.
purchase of computer stationery属于revenue expenditure 属于expense。而错记录在了computer的话是属于capital expenditure属于资产了,所以,高估了profit
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