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capacitantes #5: El estudiante analizar el efecto de un error contable sobre ciertas partidas de los informes financieros. Several errors are listed below: Effect on
capacitantes #5: El estudiante analizar el efecto de un error contable sobre ciertas partidas de los informes financieros. Several errors are listed below: Effect on 2017 a. Failed to record a 2017 expense b. Ending 2016 inventory is understated c. Ending 2017 accrued expense is overstated d. Ending 2017 inventory is overstated e. Ending 2016 accrued revenue is understated f. Ending 2017 prepaid expense is overstated g. Ending 2016 unearned revenue is overstated h. Ending 2017 accrued revenue is understated i. Ending 2016 accrued expense is overstated j. Ending 2017 unearned revenue is understated Required: Indicate the effect each error would have on 2017 net income by placing a (+) or ) in the space provided. Part (a) is given as an example
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