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What would Failure to prepare an adjusting entry at the end of the period to record an accrued expense cause?
Failure to prepare an adjusting entry for an accrued expense at the end of the period can lead to an understatement of expenses and liabilities on the financial statements. This misrepresentation may result in inflated profits, affecting decision-making by management and stakeholders. Additionally, it can lead to inaccuracies in cash flow projections and potentially violate accounting principles, resulting in compliance issues. Ultimately, this oversight can undermine the reliability of the financial reporting.
Failure to prepare an adjusting entry at the end of the period to record an accrued expense would cause?
Would cause the Trial balance not to balance
What will usually cause the liability account Accounts Payable to increase?
Purchases from vendors on credit is the main cause for increasing accounts payable account in normal course of business.
What cause overdraft on cheque account?
Writing a check for more money than is actually in the account will result in an overdraft.
Is broken goods an expense or liability please explain it to me in detail thanks?
Libability is defined as the state of being responsible for something. An expense is the cost required for something. Whether or not broken goods are a liability or expense depends on the detail surrounding how the goods were broken. The goods would be an expense for the store who owned the goods unless they insisted the patron pay for the item. They would be a liability if the broken goods cause harm to someone.
Under what circumstances may blood pressure measurement be problematic?
The inflated cuff can cause discomfort, and this should be taken into account when dealing with very ill patients
What would cause a inflated balloon to become larger?
Changes in air pressure
What would cause my tire to appear under-inflated?
Steel belted tires have that look.
Could under inflated tires cause heat that could lead to tire blowouts?
Yes, under-inflated tires are dangerous. They can also leave the rim under heavy cornering.
What would Failure to prepare an adjusting entry at the end of the period to record an accrued expense cause?
Failure to prepare an adjusting entry for an accrued expense at the end of the period can lead to an understatement of expenses and liabilities on the financial statements. This misrepresentation may result in inflated profits, affecting decision-making by management and stakeholders. Additionally, it can lead to inaccuracies in cash flow projections and potentially violate accounting principles, resulting in compliance issues. Ultimately, this oversight can undermine the reliability of the financial reporting.
Any organism that lives on or in a host at the expense of that host?
Parasite. It is an organism that benefits by deriving nutrients at the expense of its host, which can cause harm to the host.
What caused the home values to go down?
The inflated economy is the main cause. But other factors are unemployment rates, outsourcing of jobs
What can cause an account to go into arrears?
Missing payments can cause an account to go into arrears. This is because additional debt is owed.
What organism lives on or in host at the expense of that host is called?
Living at the others expense would be a parasite
Failure to prepare an adjusting entry at the end of the period to record an accrued expense would cause?
Would cause the Trial balance not to balance
Can an account be repened without your permission?
no it can't cause that is you account not somebody else
What are under inflated tires?
Under-inflated tires are tires that do not have sufficient air pressure, which can lead to decreased performance, reduced fuel efficiency, and increased wear. Driving on under-inflated tires can cause overheating and may increase the risk of tire blowouts. It's essential to regularly check tire pressure and maintain it at the manufacturer's recommended levels for safety and optimal vehicle handling.
