A company recorded the $36,000 adjusting entry for the accrual of salaries payable by debiting assets and crediting expenses $36,000. Total liabilities are $36,000 understated O $36,000 overstated $72.000 overstated $72.000 understated correctly stated A company recorded the $42,000 adjusting entry for depreciation expense by debiting revenues and crediting liabilities $42,000. Net income is $42.000 understated O $42.000 overstated 584.000 overstated 584 000 understated correctly stated