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wwashington2 wwashington2
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5 years ago
The accountant for Hobson Electrical Repair failed to make an adjusting entry to record $5,000 of unpaid salaries for the last two weeks of the year. Which of the following statements is true?
A) The total revenue will be overstated.
B) The total revenue will be understated.
C) The total expenses will be overstated.
D) The total expenses will be understated.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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foxrcng11foxrcng11
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5 years ago
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wwashington2 Author
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