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    Pbfr28's Avatar
    Pbfr28 Posts: 1, Reputation: 1
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    #1

    Aug 27, 2010, 01:40 PM
    Salary owed would this be overstated or understated income
    If salary is not reported would this be overstated or understated income and would this be unethical to do?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Aug 27, 2010, 03:10 PM

    Have you even tried to think this through?

    If you don't report salaries, what does that do to your expenses? And if that happens to you expenses, how does that affect net income?

    If you didn't report something on purpose, do you think that would be ethical? I would hope that would be an easy answer.
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