, Bonds Receivable D) Bonds Payable; Cash Answer: 13. Which of the following misstatements would cause the debt-to-assets ratio to be overstat A) Capitalizing costs that should have been expensed as assets. B) Failing to adjust for depreciation in the current period. C) Failing to accrue income taxes of the current period , Bonds Receivable D) Bonds Payable; Cash Answer: 13. Which of the following misstatements would cause the debt-to-assets ratio to be overstat A) Capitalizing costs that should have been expensed as assets. B) Failing to adjust for depreciation in the current period. C) Failing to accrue income taxes of the current period