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For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $7,030 of unearned revenue that was earned. (2)
For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $7,030 of unearned revenue that was earned. (2) earned. revenue that was not billed of $11,570, and (3) accrued wages of $6,030. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income a. Revenues were f 3 by s b. Expenses were) c. Net income was; by by
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