What impact does this have on the net profit and net loss?

You forgot to add a new general ledger account into the financial statement version.

What impact does this have on the net profit and net loss?
A . The balance of the new account is added to the non-assigned section and is excluded from the calculation
B . The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
C . The balance of the new account is added to the non-assigned section and is included in the calculation
D . The balance of the new account is added to the notes in the financial statement item section and is included in the calculation

View Answer

Answer: C