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Problem: Using the words increase (inc), decrease (decr), or no effect (ne), indicate how each of the following adjustments affects a company's accounting equation. Note: "no effect" must be indicated where appropriate.
Adjustments for accrued revenues:
Total Assets
Total Liabilities
Total Stockholders' Equity
Accounting Check √ Do each of your answers keep the accounting equation in balance? If your answer is not "yes", please go back and check your work.
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