Question: QUESTION 13 2 points Savo An Identify the effect (a - h) that omitting each of the following items would have on the balance sheet.

 QUESTION 13 2 points Savo An Identify the effect (a -

QUESTION 13 2 points Savo An Identify the effect (a - h) that omitting each of the following items would have on the balance sheet. No adjustment was made for supplies used up during the month. a. Assets and stockholders' equity overstated Wages are paid every Friday for the 5-day work week. The b. Assets and stockholders' equity understated month ended on Monday and no adjustment was recorded. c. Assets overstated and stockholders' equity understated Interest camned on a note receivable was not recorded. d. Assets understated and stockholders' equity overstated e. Liabilities and stockholders' equity overstated Services provided to customers on the last day of the month were not billed. 1. Liabilities and stockholders' equity understated An attorney has earned 1/2 of a retainer fee that was received 9. Liabilities overstated and stockholders' equity understated and recorded last month. No adjustment was recorded for the h. Liabilities understated and stockholders' equity overstated amount earned Property taxes are paid annually. The estimated monthly amount for the taxes was not recorded, Depreciation on equipment was not recorded. A tenant paid 6 months' rent in advance when he moved in on the first day of the month. No entry was made on the last day of the month

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