stranger1999 stranger1999

08-04-2021
Business

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If an adjusting entry is not made for an accrued expense,
a. expenses will be overstated,
b. liabilities will be understated.
c. net income will be understated.
d. equity will be understated.

Respuesta :

08-04-2021

Answer:

c. net income will be understated.

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