Question: Over / Under: Beta erroneously recorded a normal AJE of $ 3 0 , 0 0 0 for unearned sales revenue that had been earned
OverUnder: Beta erroneously recorded a normal AJE of $ for unearned sales revenue that had been earned instead of the correct journal entry for the payment of $ to satisfy the liability for dividends. This has what effect on assets, liabilities, and net income?
Assets:
Liabilities
Net Income:
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