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Which is the existence assertion in balance sheet is at risk

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Reference no: EM132675116

Problem 1: The existence assertion in the Balance sheet is at risk in which ONE of the following:

Select one:

a. A goods was capitalized in Balance sheet when settlement and delivery was pending

b. Loan from a bank was omitted to make Balance sheet appealing to new lenders.

c. Rented equipment was shown as asset in Balance sheet.

d. An expense was incorrectly classified as Asset in Balance sheet.

Reference no: EM132675116

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