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If the accountant for TockTick Company fails to record depreciation on long-term assets for the current period, net income will be understated and total assets

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If the accountant for TockTick Company fails to record depreciation on long-term assets for the current period, net income will be understated and total assets will be correctly stated net income will be understated and total assets will be understated net income will be understated and total assets will be overstated net income will be overstated and total assets will be understated net income will be overstated and total assets will be overstated

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