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In recording adjusting entries. Reagan Francial Advisors failed to recond the adjusting entries for the f (Click to view the adjusting) Determine the effects on
In recording adjusting entries. Reagan Francial Advisors failed to recond the adjusting entries for the f (Click to view the adjusting) Determine the effects on the income statement and balance sheet by identifying whether assets, abilities, equity, revenue, and expenses are either overstated or understated. Use the folowing table Aquament has been provided as an example (Leave unused input fields blank) Adjustment Not Recorded Adjustment not recorded() Adjustment not recorded (b) Adjustment not recorded (c) Assets Balance Sheet Liabilities Equity Overstated Overstated Adjustment not recorded (d) Adjustment not recorded (e) Income Statement Revenue Expenses Understated More Info Office supplies on hand, $100 Accrued revenues. $5,000 Accrued interest expense, $250 Depreciation $800 e. Uneamed revenue that has been earned $560 Print Done
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