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ir the beginning balance of the Accumulated Depreciation-Equipment account is $10.000 and an adjusting journal entry for deprecation on the equipment for $2,500 s omited
ir the beginning balance of the Accumulated Depreciation-Equipment account is $10.000 and an adjusting journal entry for deprecation on the equipment for $2,500 s omited at the end of the period, Net Income on the income statement will be 0 a understated by $2,500 b overstated by $10,000 c overstated by $2,500 o d understated by $10.000
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