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Business, 29.04.2021 21:40 pr4ever

Describe the effect of an accrued revenue adjustment on the income statement and the balance sheet by choosing from the statements below. (Check all that apply.) Multiple select question. Net income is reduced. An asset will be increased. Total assets will be increased. A revenue account will be increased. Expenses are increased. Net income is increased.

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Describe the effect of an accrued revenue adjustment on the income statement and the balance sheet b...
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