At the End of the Fiscal Year, the Following Adjusting

question 37

Essay

At the end of the fiscal year, the following adjusting entries were omitted:
Assuming that financial statements were prepared before the errors were discovered, indicate the effect of each error, considered individually, by inserting the dollar amount in the appropriate spaces. Insert "0" if the error does not affect the item.

Recognize the effects of transactions involving property, plant, and equipment on cash flows.

Understand how changes in balance sheet accounts affect the cash flow statement.

Understand the importance of documentation in management's handling of disciplinary procedures and arbitration cases.

Recognize unfair labor practices by both management and unions.

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