USA: +1 725-224-8795 
Sign in
Which of the following errors cause net income to be understated?
Employee wages that have not been paid are not recorded.
Don't use plagiarized sources. Get Your Custom Essay on
Question & Answer: Which of the following errors cause net income to be understated?…..
GET AN ESSAY WRITTEN FOR YOU FROM AS LOW AS $13/PAGE
Depreciation Expense is not recorded.
Collection of an accounts receivable is not recorded.
Revenue that has been earned but not yet collected has not been recorded.
Expert Answer
Answer: Revenue that has been earned but not yet collected has not been recorded.
The first two options would cause net income to be overstated, while the third option would not have any effect on net income.
