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

    Aug 31, 2010, 04:24 AM
    Prepaid Insurance
    If accrued of 600 was inadvertently treated as prepaid insurance in the books Cole, the profit will be overstated or understated?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 1, 2010, 08:32 PM

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    (Also please always start your own thread for your question rather than tagging onto other people's.)
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