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A Company Made No Adjusting Entry for Accrued and Unpaid

question 181

Multiple Choice

A company made no adjusting entry for accrued and unpaid employee wages of $28,000 on December 31. This oversight would:


Definitions:

De-emphasized

To reduce the importance, intensity, or focus on something.

Modifying Phrase

A group of words that serves to describe, clarify, or give more detail to a concept.

Positivity

The practice of being or tendency to be positive or optimistic in attitude.

Negative Content

Information or material that conveys adverse, pessimistic, or undesirable messages or sentiments.

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