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The Adjustment for Depreciation Expense Was Omitted; This Would

Question 110

Multiple Choice

The adjustment for depreciation expense was omitted; this would:


A) overstate the period's expenses and overstate the period end liabilities.
B) overstate the period's expenses and understate the period end liabilities.
C) understate the period's expenses and overstate the period's assets.
D) understate the period's expenses and understate the period's assets.

Correct Answer:

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