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If a company fails to adjust an Unearned Rent Revenue account for rent that has been recognized, what effect will this have on that month's
If a company fails to adjust an Unearned Rent Revenue account for rent that has been recognized, what effect will this have on that month's financial statements? O Liabilities will be understated and revenues will be understated. O Assets will be overstated and revenues will be understated. O Assets will be understated and revenues will be understated. Liabilities will be overstated and revenues will be understated
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