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Question 10 3.8 pts The CPA firm auditing Scott Street Recording Studios found that equity was overstated and liabilities were understated. Which of the

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Question 10 3.8 pts The CPA firm auditing Scott Street Recording Studios found that equity was overstated and liabilities were understated. Which of the following errors could have been the cause? a. Making the adjustment for depreciation expense twice. O b. Failing to record interest accumulated on a note payable. O c. Failing to make the adjustment to recognize recording fees which had been earned, but not yet billed to clients. Od. Failing to record the earned portion of recording fees that were received in advance.

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