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    Accounting Study Set 4
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    Exam 3: The Adjusting Process
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    If the Adjustment for Accrued Salaries at the End of the Period
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If the Adjustment for Accrued Salaries at the End of the Period

Question 87

Question 87

True/False

If the adjustment for accrued salaries at the end of the period is inadvertently omitted, both liabilities and stockholders' equity will be understated for the period.

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