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Home Q & A Board Other Fields Homework Help Business Accounting
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Shiki Shiki
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5 years ago
At the end of the accounting year, December 31, 20x4, adjusting entries were not made for wages
that had been earned but not yet paid, $1,800, and rent revenue of $1,400 that had been earned but
not yet collected. As a consequence, the 20x4 amount of pretax earnings was:
A) Overstated by $3,200.
B) Understated by $3,200.
C) Overstated by $400.
D) Understated by $400.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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Betty D.Betty D.
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5 years ago
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Shiki Author
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5 years ago
Happy Dummy I'm impressed
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