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gOOvER gOOvER
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6 years ago
At the end of the fiscal period, Wilf Carter Services omitted the adjusting entry for accrued salaries. The effect of this error on the financial statements is to:
A) overstate net income.
B) understate assets.
C) understate net income.
D) overstate liabilities.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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Posts: 415
6 years ago
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gOOvER Author
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Hopefully I pass my course
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Post Merge: 3 years ago

Answer is ''A) overstate net income.''
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3 years ago
thanks
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I hope i pass
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Ok
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3 years ago
ty
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3 years ago Edited: 3 years ago, bio_man
Thanks!
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3 years ago
Thanks!!
Anonymous
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5 months ago
Help! The answer is missing an explanation...
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