9. At the end of 2011, ABC Company did not make the adjusting entries indicated below. Indicate the effect of the error on 2011 Net Income, Assets, Liabilities, and Owners Equity (on December 31, 2011). Use O for overstate, U for understate, NE for no effect. Assume each error is independent of the others. State effect on Net Income, Assets, Liabilities and Owners Equity

Entry to record depreciation of building.

Entry to record the accrued interest expense.