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OutCo failed to record depreciation on certain machinery for 20X1. This error... A. Affects the income state by only B. Affects the balance sheet only

OutCo failed to record depreciation on certain machinery for 20X1. This error...

A. Affects the income state by only

B. Affects the balance sheet only

C. Affects both the income statement and the balance sheet

D. Affects neither the income statement nor the balance sheet

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