Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
It is a poorly phrased central idea for a persuasive speech because it is "<span>expressed in figurative language."
Persuasive speech is a speech planned to persuade the group of onlookers to accomplish something. Regardless of whether you need to motivate individuals to vote, quit littering, or alter their opinions around a critical issue, powerful talks are a successful method to influence a crowd of people. There are numerous components that go into an effective persuasive speech. Yet, with some planning and practice, you can convey a ground-breaking speech.
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I-85, I-75, I-20, I-29, I-485, and I-675 just to name a few.
