Business, 26.01.2022 05:20 exoticbunnylover123
Oriole Company earned $2240 for architecture services provided with the fee to be paid in the future. No entry was made at the time the service was provided. If the fee has not been paid by the end of the accounting period and no adjusting entry is made, this would cause: revenues to be understated. liabilities to be understated. revenues to be overstated. net income to be overstated.
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Oriole Company earned $2240 for architecture services provided with the fee to be paid in the future...
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