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Business, 20.09.2020 15:01 nani3906

Green Inc. made no adjusting entry for accrued and unpaid employee wages of $38,000 on December 31. This error would:. a. Understate assets by $38,000.
b. Overstate net income by $38,000.
c. Understate net income by $38,000.
d. Have no effect on net income.

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Green Inc. made no adjusting entry for accrued and unpaid employee wages of $38,000 on December 31....

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