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    Accounting Principles
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    Exam 3: Adjusting the Accounts
  5. Question
    If an Adjusting Entry Is Not Made for an Accrued
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If an Adjusting Entry Is Not Made for an Accrued

Question 109

Question 109

Multiple Choice

If an adjusting entry is not made for an accrued revenue


A) assets will be overstated.
B) expenses will be understated.
C) owner's equity will be understated.
D) revenues will be overstated.

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