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For Each of the Following Oversights State Whether Total Assets \underline{\quad\quad}

Question 191

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For each of the following oversights state whether total assets will be understated (U) overstated (O) or no affect (NA). \underline{\quad\quad} 1. Failure to record revenue recognized but not yet received.
\underline{\quad\quad} 2. Failure to record expired prepaid rent.
\underline{\quad\quad} 3. Failure to record accrued interest on the bank savings account.
\underline{\quad\quad} 4. Failure to record depreciation.
\underline{\quad\quad} 5. Failure to record accrued wages.
\underline{\quad\quad} 6. Failure to record the recognized portion of unearned revenues.

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1. U
2. O
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