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If an adjustment for $ 1 0 , 0 0 0 in accrued revenues is omitted, how will this affect the financial statements? a .

If an adjustment for $10,000 in accrued revenues is omitted, how will this affect the financial statements?
a. Accounts receivable will be overstated by $10,000.
b. Net income will be overstated by $10,000.
c. Net income will be understated by $10,000.
d. There will be no effect on the financial statements

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