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What will be the effect on the draft financial statements if the closing inventory figure...

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What will be the effect on the draft financial statements if the closing inventory figure is increased?

A.

An increase in cost of sales and an increase in the inventory figure in the balance sheet

B.

A decrease in cost of sales, a decrease in gross profit and an increase in the inventory figure in the balance sheet

C.

A decrease in cost of sales, an increase in gross profit and an increase in closing inventory in the balance sheet

D.

An increase in cost of sales, a decrease in gross profit and an increase in closing inventory in the balance sheet

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