Which is a deferral error

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Reference no: EM132823255

Problem 1: Which of the following is a deferral error?

a. Failure to calculate and record interest expense owed on a note payable

b. Debiting Accounts Payable and crediting Revenue when billing a customer

c. Failure to book revenue earned but not received as of year end

d. Failure to adjust Unearned Revenue at year end

Reference no: EM132823255

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