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Failure to record the purchase of office furniture on account will result in: A. an overstatement of assets. B. an understatement of liabilities. C. an
Failure to record the purchase of office furniture on account will result in:
A. an overstatement of assets.
B. an understatement of liabilities.
C. an overstatement of stockholders' equity.
D. All of these.
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Financial Accounting
Authors: Belverd E. Needles
5th Edition
0395698022, 978-0395698020
