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A company failed to record depreciation expense. Which of the following is not true? Question 16 options: The company's net income will be overstated The

A company failed to record depreciation expense. Which of the following is not true?

Question 16 options:

The company's net income will be overstated

The company's total assets will be overstated

The owner's equity will be overstated

The company's total liabilities will be overstated

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