Question: Elliott Corp. failed to record accrued salaries for 2013, $2,000; 2014, $2,100, and 2015, $3,900. What is the amount of the overstatement or understatement of

Elliott Corp. failed to record accrued salaries for 2013, $2,000; 2014, $2,100, and 2015, $3,900. What is the amount of the overstatement or understatement of Retained Earnings at December 31, 2016?

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