The Horton Corporation accepted the delivery on August 15, 2017 of merchandise that it had purchased on account. As of August 31, Horton, which uses the periodic method, had not recorded the transaction or included the merchandise in its inventory. What is the impact of this on their August 31, 2017 balance sheet?

answer; purpose nondisclosure;

answerskimming;

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent