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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
If the adjusting entry to record the current periods prepaid rent expired is omitted:
A) current assets will be overstated.
B) current assets will be understated.
C) current liabilities will be overstated.
D) current liabilities will be understated.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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#1
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6 years ago
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