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    Intermediate Accounting Study Set 5
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    Exam 2: A Review of the Accounting Cycle
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    Failure to Record Depreciation Expense at the End of an Accounting
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Failure to Record Depreciation Expense at the End of an Accounting

Question 47

Question 47

Multiple Choice

Failure to record depreciation expense at the end of an accounting period results in


A) understated income.
B) understated assets.
C) overstated expenses.
D) overstated assets.

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