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Over/Under: Alpha failed to record two types of AJES (as described in class): An accrued expense for $800 and an accrued revenue for $1,100. Failure
Over/Under: Alpha failed to record two types of AJES (as described in class): An accrued expense for $800 and an accrued revenue for $1,100. Failure to record these AJES has what effect on assets, liabilities, and net income? Assets: No Effect Liabilities: Understated Net Income: Overstated
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