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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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Posts: 1455
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7 years ago
The accounting department forgot to adjust for interest on the note payable. This error would cause:
A) the period's net income to be understated.
B) the period end assets to be understated.
C) the period end liabilities to be understated.
D) None of these answers is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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#1
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7 years ago
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majestico Author
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7 years ago
Brilliant ツ
brina10
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Yesterday
You make an excellent tutor!
SUmmerPeople
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2 hours ago
Just got PERFECT on my quiz
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