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Author Question: If a company forgets to make an adjusting entry relating to a deferred expense, which of the ... (Read 73 times)

ss2343

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on: Feb 18, 2020
If a company forgets to make an adjusting entry relating to a deferred expense, which of the following would NOT be true?
◦ Retained earnings would be overstated.
◦ Assets would be overstated.
◦ Expenses would be understated.
◦ Stockholders' Equity would be understated.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by ss2343 on Feb 18, 2020

mcni194

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ss2343

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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