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It is the year end, but not the pay period end. How will this affect the balance sheet? A. Assets will be increased. B. Liabilities

  • It is the year end, but not the pay period end. How will this affect the balance sheet?
  • A. Assets will be increased.
  • B. Liabilities will be increased.
  • C. Owner's equity will be increased.
  • D. This has no effect on the period end balance sheet

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