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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:

  1. Accrual of Interest Revenue: $10
  2. 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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