2. Required: For each of the following items before adjustment, indicate the type of adjusting entry (prepaid expense un

[answerhappygod]

2 Required For Each Of The Following Items Before Adjustment Indicate The Type Of Adjusting Entry Prepaid Expense Un 1 (55.53 KiB) Viewed 24 times

please give me a short answer ......dont copy others answers users
answer
answer it for 10 minutes
2. Required: For each of the following items before adjustment, indicate the type of adjusting entry (prepaid expense unearned revenue, accrued revenue, and accrued expense) that is needed to correct the misstatement. If an item could result in more than one type of adjusting entry, indicate each of the types. (a) Assets are understated. (b) Liabilities are overstated. (c) Liabilities are understated. (d) Expenses are understated. (e) Assets are overstated. (f) Revenue is understated. Mark: 3