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44. The repair of a truck which does not extend the life of the truck or improve the truck in any way is recorded by

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44. The repair of a truck which does not extend the life of the truck or improve the truck in any way is recorded by the accountant as a debit to Truck and a credit to SA Cash. That entry will have what impact on the company's financial statements? A. None, as the repair is recorded correctly B. The error overstates assets and net income C. The current income is fine, but future incomes will be incorrect D. The error understates net income

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