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Given the Table Below,indicate the Impact of the Following Errors

question 139

Essay

Given the table below,indicate the impact of the following errors made during the adjusting entry process.Use a "+" followed by the amount for overstatements,a "-" followed by the amount for understatements,and a "0" for no effect.The first one is done as an example.
Ex.Failed to recognize that $600 of unearned revenues,previously recorded as liabilities,had been earned by year-end.
1.Failed to accrue interest expense of $200.
2.Forgot to record $7,700 of depreciation on machinery.
3.Failed to accrue $1,300 of revenue earned but not collected. Given the table below,indicate the impact of the following errors made during the adjusting entry process.Use a  +  followed by the amount for overstatements,a  -  followed by the amount for understatements,and a  0  for no effect.The first one is done as an example. Ex.Failed to recognize that $600 of unearned revenues,previously recorded as liabilities,had been earned by year-end. 1.Failed to accrue interest expense of $200. 2.Forgot to record $7,700 of depreciation on machinery. 3.Failed to accrue $1,300 of revenue earned but not collected.


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The milk produced by dairy cows, commonly consumed by humans and used in a variety of dairy products.

Explicit Instruction

A teaching method that is clear, direct, and structured, often involving step-by-step guidance.

Cultural Evolution

The process by which cultural information and social practices are acquired, preserved, and transmitted across generations, leading to changes in behaviors, beliefs, and norms within a society.

Symbolic

Pertains to symbols or the use of symbols to represent ideas or qualities.

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