If the adjustment of the unearned rent account at the end of the period to recognize the amount of rent earned is inadvertently omitted, the net income for the period will be understated.

Question

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If the adjustment of the unearned rent account is omitted, the rental income that has been earned during the period will not be recognized, resulting in an understated net income.

If the Adjustment of the Unearned Rent Account at the End