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gOOvER gOOvER
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6 years ago
Assume the cash was received in the last accounting period. If the adjusting entry to record revenue earned during the current period is not recorded:
A) assets will be overstated.
B) assets will be understated.
C) liabilities will be understated.
D) liabilities will be overstated.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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migrodmigrod
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#1
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6 years ago
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gOOvER Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
deathDoUsPart
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Yesterday
Thanks
Ifekwunigwe
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2 hours ago
Good timing, thanks!
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