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If the required adjusting entry for depreciation expense is omitted: Multiple Choice O O Assets will be understated and income overstated. O Assets will be
If the required adjusting entry for depreciation expense is omitted: Multiple Choice O O Assets will be understated and income overstated. O Assets will be overstated and income overstated. O Assets will be understated and income understated. O Assets will be overstated and income understated
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