The current pay period ends on friday, january 2, yet the company's fiscal year-end is on wednesday, december 31. if the company does not make the proper adjusting entry to accrue payroll expenses at year-end, what would be the impact?
a. understate assets
b. overstate operating income
c. understate stockholders' equity
d. overstate liabilities

b. Overstate operating income

Explanation:

According to my research on business financing terms, I can say that based on the information provided within the question the impact of this would be an overstated operating income. This refers to a balance that is documented as having more money than it actually has. This would be the case since the payroll payments have not yet been subtracted.

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i do believe its modular luck

explanation:

answer; human resource management.(hrm);