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Given the Table Below, Indicate the Impact of the Following

question 8

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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 salaries expense of $1,200.
2. Forgot to record $2,700 of depreciation on office equipment.
3. Failed to accrue $300 of interest on a note receivable.
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 salaries expense of $1,200. 2. Forgot to record $2,700 of depreciation on office equipment. 3. Failed to accrue $300 of interest on a note receivable.


Definitions:

Dissociation

Dissociation is a psychological experience where a person feels disconnected from their thoughts, feelings, memories, or sense of identity.

Anorexia

An eating disorder characterized by an abnormally low body weight, intense fear of gaining weight, and a distorted perception of body weight or shape.

Academic Performance

A measure of a student's achievement in educational activities, often quantified through grades or test scores.

Dieting

The practice of eating food in a regulated manner to achieve or maintain a controlled weight.

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