Which of the Following Is Correct

Multiple Choice

Which of the following is correct?

A) If a company fails to record depreciation expense,net income and expenses are overstated.
B) If a company fails to record depreciation expense,net income and assets are overstated.
C) If a company overstates depreciation expense,net income is overstated and assets are understated.
D) If a company fails to record depreciation expense,stockholders' equity,net income,and assets are understated.