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Failure to make an adjusting entry to recognize accrued utilities would cause an: understatement of expenses and liabilities and an overstatement of stockholders equity. overstatement
Failure to make an adjusting entry to recognize accrued utilities would cause an:
understatement of expenses and liabilities and an overstatement of stockholders equity. | ||
overstatement of expenses and liabilities and an understatement of stockholders equity. | ||
understatement of expenses, liabilities, and stockholders equity. | ||
overstatement of assets, expenses, and stockholders equity. |
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