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A company's accountant capitalizes a payment that should be recorded as an expense. Which of the following is true? ) A. Assets are overstated. OB.

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A company's accountant capitalizes a payment that should be recorded as an expense. Which of the following is true? ) A. Assets are overstated. OB. Liabilities are overstated. O C. Revenue is overstated OD. Expenses are overstated

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