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    Accounting Study Set 4
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    Exam 3: The Adjusting Process
  5. Question
    If the Adjustment for Depreciation for the Year Is Inadvertently
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If the Adjustment for Depreciation for the Year Is Inadvertently

Question 126

Question 126

True/False

If the adjustment for depreciation for the year is inadvertently omitted, the assets on the balance sheet at the end of the period will be understated.

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