keykey5349
keykey5349
17.11.2020 • 
Business

The record for office supplies was not adjusted at the end of an accounting period. This will cause which of the followings?
Α. A liability is overstated: an expense is understated.
В. An asset is overstated; an expense is understated.
С. An asset is understated; a liability is understated.
D A liability is understated; an asset is overstated.

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