Question: Select all that apply Not recording an accrued expense will have the following effect on the financial statements: Multiple select question. liabilities on the balance

Select all that apply Not recording an accrued expense will have the following effect on the financial statements: Multiple select question. liabilities on the balance sheet will be understated. expenses on the income statement will be overstated. expenses on the income statement will be understated. liabilities on the balance sheet will be overstated

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