A new accountant working for Metlock, Inc. records $780 Depreciation Expense as an increase to Depreciation Expense and a decrease to Cash. The effect of this is to: O adjust the accounts to their proper amounts on December 31. O understate the book value of the depreciable assets as of December 31. O overstate the book value of the depreciable assets at December 31. O understate total assets on the balance sheet as of December 31