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Question 4 - If an Expense accrual at year - end of 1 , 5 0 0 was booked as a prepayment, the net profit

Question 4- If an Expense accrual at year-end of 1,500 was booked as a prepayment, the net profit for the year would be:
A) understated by 3,000
B) overstated by 1,500
overstated by 3,000
D) understated by 1,500
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