acg2001

Previous Page 1 1 of 20 Next? Equipment account is $10,000 and an adjust ng journal entry for deprecation On the equipment for $2.500 is omitted at the end ofthe per c lf th e be ing baaren of the Acornlated Depreciation Net Incipme on the income statement will be Oa understated by $2,500 ?b.overstated by $2.500. ?c. understated by $10,000, d. overstated by $10,000