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  3. the sables company overstates depreciation by $400

The Sables Company overstates depreciation by $400 and records the $300 cash purchase of office...

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Accounting

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The Sables Company overstates depreciation by $400 and records the $300 cash purchase of office supplies with this journal entry: ELETTRE Supplies Expense Cash $300 $300 300 was a Indicate the effect of the error on the following: Select one: Select one: a. 12/31/13 Total Assets Overstated $100 12/31/13 Working Capi No error b. 12/31/13 Total Assets Overstated $100 12/31/13 Working Capital Understated $300 12/31/13 Total Assets Understated $700 12/31/16 Working Capital Understated $700 du 12/31/13 Total Assets Understated $700 12/31/13 Working Capital Understated $300 12/31/13 Total Assets Understated $700 12/31/10 Working Capital No error

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