Multiple Select Question

Select all that apply

Q$-$mart failed to include inv$$tory that was kept in a separate warehouse in its end$-$of$-$the$-$period inventory count: Explain how this error will affect this year's

balance sheet.

This year's total equity will be overstated.

This year's total assets will be understated.

This year's total equity will be understated.

This year's total assets will be overstated.