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    O = Overstated, U= Understated; NE = No Effect.

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    Effects of errors on financial statements:

    Indicate the immediate effect of the following errors on each of the accounting elements described in the column heading below, using the following code:

    O = Overstated, U= Understated; NE = No Effect.

    Please see attachment for table.

    © BrainMass Inc. brainmass.com June 3, 2020, 5:12 pm ad1c9bdddf
    https://brainmass.com/business/accounting/o-overstated-u-understated-ne-no-effect-17434

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