Question: 1 5 . The failure to properly record an adjusting entry to accrue a revenue item will result in A . Overstatement of revenues and

15.The failure to properly record an adjusting entry to accrue a revenue item will result in
A. Overstatement of revenues and an overstatement of assets.
B.Understatement of revenues and an understatement of assets.
C. Overstatement of revenues and an overstatement of liabilities.
D. Understatement of revenues and an overstatement of liabilities.
E. Understatement of revenues and an understatement of liabilities.

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