Discuss categories of accounts on the financial statements

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Reference no: EM131765178

Indicate if an adjusting entry is needed for each item on October 31 for the month of October. Assuming the adjusting entry is not made, indicate which specific category or categories of accounts on the financial statements are misstated and if they are overstated or understated. Use the following table as a guide. Item ais completed as an example:(Leave unused cells blank.)

Begin by completing the table for transaction b and then transactions c through g. (If an adjusting entry is not needed, select "No" and do not select any other labels.)

Reference no: EM131765178

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