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Business, 05.09.2019 18:30 kutemigos9211

During december 20x0, nile co. incurred special insurance costs but did not record these costs until payment was made during 20x1. these insurance costs related to inventory that had been sold by december 31, 20x0. what is the effect of the omission on nile's accrued liabilities and retained earnings at december 31, 20x0

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