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For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $8,010 of unearned revenue that was earned, (2) earned
For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $8,010 of unearned revenue that was earned, (2) earned revenue that was not billed of $11,200, and (3) accrued wages of $6,260. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income. a. Revenues were b. Expenses were by $ by $ c. Net income was by $
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