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At the end of the fiscal year, the adjusting entry for accrued salaries was inadvertently omitted. the effect of the error (assuming that it is
At the end of the fiscal year, the adjusting entry for accrued salaries was inadvertently omitted. the effect of the error (assuming that it is not corrected) would be to: a.understate expenses for the year. b. overstate net income for the year. c. understate liabilities at the end of the year. d. all of these
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