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The Walton Company paid a previously accrued expense and recorded this journal entry. Cash Uneamed Revenue XX XX Determine the effect of the error

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The Walton Company paid a previously accrued expense and recorded this journal entry. Cash Uneamed Revenue XX XX Determine the effect of the error on the following: Select one: Oa. Assets No Error, Liabilities No Error Ob. Assets No Error, Liabilities Understated Oc. Assets Overstated, Liabilities Understated O d. Assets Overstated, Liabilities No Error O e. Assets Overstated, Liabilities Overstated

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