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

Acompany's accountant capitalizes a payment that should be recorded as an expense. Which of the following is true?

A.

Assets are overstated.

B.

Revenue is overstated.

C.

Expenses are overstated.

D.

Liabilities are overstated.

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