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If you fail to accrue revenue, assets will be understated and net income will be understated assets will be understated and net income will be
If you fail to accrue revenue, assets will be understated and net income will be understated assets will be understated and net income will be overstated assets will be overstated and net income will be overstated the income statement will be accurate, but the balance sheet will be understated the balance sheet will be accurate, but the income statement will be understated assets will be overstated and net income will be understated
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