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The Bark Company fails to record these two journal entries: Accrual of Interest Revenue: $10 Previously declared cash dividends paid: $40 Working capital will be:
The Bark Company fails to record these two journal entries:
- Accrual of Interest Revenue: $10
- Previously declared cash dividends paid: $40
Working capital will be:
Select one:
a.
$40 overstated
b.
$10 overstated
c.
$10 understated
d.
$50 overstated
e.
$50 understated
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