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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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7 years ago
There was no accrual for interest on a promissory note receivable; this error would cause:
A) the period's net income to be overstated.
B) the period's net income to be understated.
C) the period end assets to be overstated.
D) the period end liabilities to be understated.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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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
Thank you, thank you, thank you!
klyn
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Yesterday
Brilliant ツ
nadiia
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2 hours ago
Thanks
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