asked 224k views
23 votes
If a company failed to make the end-of-period adjustment to move the amount of management fees that were earned from the Unearned Management Fees account to the Management Fees Revenue account, this omission would cause:

asked
User Swagrov
by
8.1k points

1 Answer

10 votes
An overstatement of net income.
answered
User Zin Myo Swe
by
7.6k points
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