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Which of the following is a deferral error? a.Failure to calculate and record interest expense owed on a note payable b.Debiting Accounts Payable and crediting
Which of the following is a deferral error?
a.Failure to calculate and record interest expense owed on a note payable
b.Debiting Accounts Payable and crediting Revenue when billing a customer
c.Failure to book revenue earned but not received as of year end
d.Failure to adjust Unearned Revenue at year end
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