Question: Can someone Explain and Find Overhead or Underhead in Assets, Liabilities, and Net Income. Alpha erroneously recorded an AJE for interest on a note receivable
Can someone Explain and Find Overhead or Underhead in Assets, Liabilities, and Net Income.
Alpha erroneously recorded an AJE for interest on a note receivable instead of the correct AJE for interest on a note payable. The interest wont be paid by Alpha until next year.
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