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3.33 pts Question 38 Failure to make an adjusting entry to recognize Bad Debt Expense, at year end, would result in the following financial
3.33 pts Question 38 Failure to make an adjusting entry to recognize Bad Debt Expense, at year end, would result in the following financial statement impact: O Assets would be overstated. O Liabilities would be understated O Net income would be understated O Assets would be understated Question 39 All of the following are examples of plant assets except: CO Equipment O Building O Vehicles O Inventory Question 40 3.33 pts
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