For Each of the Following Oversights,state Whether Owner's Equity Will

question 135

Essay

For each of the following oversights,state whether owner's equity will be understated,overstated,or not affected.
______ a.Failure to record depreciation
______ b.Failure to record accrued wages
______ c.Failure to convert unearned revenue to earned revenue
______ d.Failure to record accrued interest in the bank
______ e.Failure to record expired insurance
______ f.Failure to record revenue earned but not yet received

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