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the column headings in the following table. Also, use O = overstated, U = understated, and NE = no effect. Error Net Income Total
the column headings in the following table. Also, use O = overstated, U = understated, and NE = no effect. Error Net Income Total Assets Total Retained Liabilities Earnings a. Recorded a dividend as an expense in the income statement. b. Recorded unearned revenue as earned revenue in the income statement. Failed to record accrued wages payable at the end of the C. accounting period. Recorded a declared but unpaid dividend by debiting d. e. Dividends and crediting Cash. Failed to disclose a pending lawsuit in the notes accompanying the financial statements.
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