If the Depreciation is not accounted, the net profit for the period will be ______ Options: A . &nbspOverstated B . &nbspUnderstated C . &nbspUneffected D . &nbspNone of the above

If the Depreciation is not accounted, the net profit for the period will be ___

Question

If the Depreciation is not accounted, the net profit for the period will be ______

Options:

A . Overstated

B . Understated

C . Uneffected

D . None of the above

Answer: Option A
:
A
If the Depreciation is not accounted, the net profit for the period will be overstated.

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