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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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6 years ago
When making the adjustment for accrued interest, the Bond Premium account was not taken into account. This error would cause:
A) the period end liabilities to be understated.
B) the period's net income to be understated.
C) the period end assets to be overstated.
D) None of the above 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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6 years ago
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majestico Author
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#2
6 years ago
This is excellent. Excellent answer
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