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Over/Under : Alpha erroneously recorded the issue (sale) of common stock to new stockholders for $12,000 cash instead of the correct normal AJE for $12,000

Over/Under: Alpha erroneously recorded the issue (sale) of common stock to new stockholders for $12,000 cash instead of the correct normal AJE for $12,000 of unearned sales revenue that had been earned. This has what effect on assets, liabilities, and net income?

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