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If the adjustment for unearned revenues is not recorded a. net income will be understated. b. assets will be overstated. c. liabilities will be understated.
If the adjustment for unearned revenues is not recorded a. net income will be understated. b. assets will be overstated. c. liabilities will be understated. d. net income will be correctly stated Step by Step Solution
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
