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an accountant accidentally omitted the adjusting entry to record bad debt expense. the impact in the financial statements would be : xam 1 Multiple Choice

an accountant accidentally omitted the adjusting entry to record bad debt expense. the impact in the financial statements would be :
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xam 1 Multiple Choice o Net income understated, equity understated; assets understated. o Net income understated; assets overstated; equity overstated. o Equity understated; assets overstated. o Net income overstated; equity overstated; assets overstated. C Equity undrttd, t undrttd

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