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how would these be affected? For each of the situations below - state the impact on assets, liabilities, stockholders' equity, revenues, expenses, and net income,

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For each of the situations below - state the impact on assets, liabilities, stockholders' equity, revenues, expenses, and net income, if the adjusting entry is not recorded. Indicate 0 - Overstated; U-Understated; NE - No Effect. 7 EE Situation Assets Liabilities Stockholder's Revenues Expenses equity Net Income u 0 u a. Accrued Revenue is not recorded at year-end b. A Prepaid expense is not adjusted for the portion consumed. c. Accrued expenses are not recorded at year-end. d. An Unearned revenue is not adjusted for the portion earned

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