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Pomona Company made the following errors: Accrued wages of $7 by debiting Wages Expense and crediting Unearned Revenue Recorded the $13 payment of an

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Pomona Company made the following errors: Accrued wages of $7 by debiting Wages Expense and crediting Unearned Revenue Recorded the $13 payment of an Account Payable by debiting Inventory and crediting Interest Expense Recorded a $23 credit sale by debiting Cash and crediting Accumulated Depreciation. The overall effect of these errors is that Net Income is: Select one: a. Overstated $6 b. Understated $17 c. Overstated $20 Od. Overstated $43 e. Understated $10

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