Question: If the year - end adjusting entry to record salaries owed to employees were omitted then expenses would be understated. stockholders' equity would be correctly

If the year-end adjusting entry to record salaries owed to employees were omitted then
expenses would be understated.
stockholders' equity would be correctly stated.
Iiabilities would be overstated.
retained earnings would be understated.
assets would be understated.
If the year-end adjusting entry to record salaries owed to employees

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