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Omitting adjusting entries related to Accrued Interest due to the entity will?

A. Revenues Overstated

B. Net Income Overstated

C. Assets Overstated

D. Equity Understated

E. Liabilities Understated

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Question added by Michael Lagunday , Accounts Assistant , Invest Group Overseas LLC
Date Posted: 2015/08/09

can you give the answer and explain how

Aqid Hussain
by Aqid Hussain , Internee , State Bank of Pakistan - Banking Services Corporation

Omitting adjusting entries related to Accrued Interest will cause the assets overstatement. 

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