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Business, 27.02.2020 04:56 KennyOaks6230

On December 31, 20x5, special insurance costs, incurred but unpaid, were not recorded. If these insurance costs were related to work‐in‐process, what is the effect of the omission on accrued liabilities and retained earnings in the December 31, 20x5 balance sheet?

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On December 31, 20x5, special insurance costs, incurred but unpaid, were not recorded. If these insu...
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