What effect will this adjustment have on the accounting records?

A)increase net income
B)increase revenues reported for the period
C)decrease liabilities
D)all of these are true

Question

What effect will this adjustment have on the accounting records?

A)increase net income 
B)increase revenues reported for the period 
C)decrease liabilities 
D)all of these are true

Quizplus · Accepted Answer

The Answer of What effect will this adjustment have on the accounting records?

A)increase net income 
B)increase revenues reported for the period 
C)decrease liabilities 
D)all of these are true

What Effect Will This Adjustment Have on the Accounting Records