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Indicate the effects of the following errors on each of the items listed in the column headings. Use the following symbols: O= overstated, U= understated,

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Indicate the effects of the following errors on each of the items listed in the column headings. Use the following symbols: O= overstated, U= understated, and NE= no effect. Assume that the company does not use the direct write-off method to account for uncollectible accounts

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