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Other Fields Homework Help Accounting Topic started by: Harrison on Nov 9, 2017



Title: What will be the result if no adjusting entry is made to record revenue earned during the current ...
Post by: Harrison on Nov 9, 2017
What will be the result if no adjusting entry is made to record revenue earned during the current period when the cash was received in the last accounting period?
A) The assets will be understated.
B)  The liabilities will be understated.
C)  The liabilities will be overstated.
D)  The assets will be overstated.


Title: Re: What will be the result if no adjusting entry is made to record revenue earned during the ...
Post by: rjckE on Nov 9, 2017
C