Question: Sunbeam understated its allowance for sales returns in 1 9 9 7 . What implications did this have on its 1 9 9 7 financial

Sunbeam understated its allowance for sales returns in 1997. What implications did this have on its 1997 financial statements?
Group of answer choices
Gross sales will be overstated.
Gross sales will be understated.
Net sales will be overstated.
Net sales will be understated.

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