Introduction to Accounting


label Accounting
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schedule 1 Day
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Q32The entry to close Income Summary (net Loss) to Capital was omitted. This error will cause:

a. the ending capital to be overstated.

b. the ending capital to be understated

c. no error in the ending capital balance

d. none of the above

Nov 19th, 2017

a. the ending capital to be overstated......................................

Mar 1st, 2015

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Nov 19th, 2017
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Nov 19th, 2017
Nov 20th, 2017
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