Current Attempt in Progress For each of the following oversights, state whether total assets will be understated, overstated, or no effect. 1. 2. 3. 4. 5. 6. Failure to record revenue recognized but not yet received. Failure to record expired prepaid rent. Failure to record accrued interest on a note receivable. Failure to record depreciation. Failure to record accrued wages. Failure to record the recognized portion of unearned revenues. 000000

For each of the following oversights, state whether total assets will be understated, overstated, or no effect