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(Solved): Match the impact of the above omission on Assets, Liabilities, Owner's Equity, and Net Income by mat ...



Match the impact of the above omission on Assets, Liabilities, Owner's Equity, and Net Income by matching it to the correct impact of the omission. No Effect Overstated Understated Be sure to record the entry that SHOULD HAVE been made (on your scrap paper) in order to properly determine the impact of the omission. \table[[\table[[Additional],[Information]],\table[[12/31 This Year],[Assets]],\table[[12/31 This Year],[Liabilities]],\table[[12/31 This Year],[Owners' Equity]],\table[[Net Income],[This Year]]],[\table[[

$10,000

of the rent],[revenue collected],[and recorded as],[revenue this year],[pertains to next],[year.]],,t,,]] Assets Liabilities

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