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If a company fails to make an adjusting entry to record depreciation expense, then: a. owner's equity will be understated. b. assets will be understated.

If a company fails to make an adjusting entry to record depreciation expense, then: a. owner's equity will be understated. b. assets will be understated. C. expense will be understated. d. net income will be understated. 10:38 AM

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