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Kristoff company failed to record utilities consumed during the current period. The company will be billed for the utilities during the next accounting period. As

Kristoff company failed to record utilities consumed during the current period. The company will be billed for the utilities during the next accounting period. As a result, current period assets, liabilities, stockholders' equity, and income, respectively, are: Question options: A) overstated, overstated, correct, correct.. B) correct, understated, overstated, overstated. C) overstated, understated, overstated, overstated. D) overstated, understated, correct, correct. E) None of these.

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