It was discovered that the bookkeeper for U Ltd. had recorded a $200 deposit from...
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Accounting
It was discovered that the bookkeeper for U Ltd had recorded a $ deposit from a customer for service work to be performed in the future as follows: Dr Unearned revenue $; Cr Cash $ As a result of this entry
a Cash is understated by $ and Unearned revenue is understated by $
b Cash is understated by $ and Unearned revenue is overstated by $
c Cash is understated by $ and Unearned revenue is understated by $
d Cash is understated by $ and Unearned revenue is overstated by $
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