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19 6 pts Over/Under: Alpha failed to record the following transaction and AJE: The payment of an $800 dividend that had been declared four weeks
19 6 pts Over/Under: Alpha failed to record the following transaction and AJE: The payment of an $800 dividend that had been declared four weeks earlier, and an AJE for interest of $1,000 from a note receivable. This has what effect on assets, liabilities, and net income? Assets: No Effect Liabilities: Overstated Net Income: Understated 4
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