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Compute overall overstatement or understatement of net income as a result of the omission of the adjustments Debit Credit Accounts and E splanation 900 900

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Debit Credit Accounts and E splanation 900 900 Axumulated Depreciation h Prapaikd vont expres $600 (Assume that ACB debilts an asset account when rent is paid in advance ) Date Accounts and Explanation Debit Credit Jil 31 Rent Expense 600 600 Prepaid Rent To record rent expense c. Interest expense acoued $200 Date Accounts and Explanation Debit Credit Choose trom any list or enter any number in the input fields and then click Check Answer Read the requment e. Unearmed evenue eamed $1,000 (When the cash was recelved, assume that a lability account was credited) Debit Credit 1,000 31Unearned Rev 1,000 Service Revenue Office spls uned $200 ACB debits an asset account when supplies are parchased Accounts and Explanation Debit Credit Office Supple 200 Suppose the made in Reqentwe not made Compule the overal overstatement or understatement of net income as a result of the omission of these adjustments

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