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If the supplies account is not adjusted, which of the following would occur? a . Assets and expenses would be overstated. b . Assets and

If the supplies account is not adjusted, which of the following would occur?
a. Assets and expenses would be overstated.
b. Assets and expenses would be understated.
c. Assets would be understated, and expenses would be overstated.
d. Net income and stockholders' equity would be overstated.

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