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4. Year-end net assets (assets minus liabilities) would be overstated and current expenses would be understated as a result of failure to record which of

4. Year-end net assets (assets minus liabilities) would be overstated and current expenses would be understated as a result of failure to record which of the following adjusting entries?

a. Expiration of prepaid insurance

b. Depreciation of fixed assets

c. Accrued wages payable

d. All of these

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