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tatiyna
2 years ago
15

If a journal entry and posting for the use of office supplies during the year is accidentally omitted, what would be the impact

on the financial statements
Business
1 answer:
jolli1 [7]2 years ago
4 0
<span>It is imperative to have accurate information when completing year end financial statements. If a journal entry and posting for the use of office supplies was omitted in error, the financial statements would not be complete, and the company could possibly lose out on a tax deduction.</span>
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