Question 14 Washington Company shares para common stock. The market price on the day of sale was $10 per share. Which of the following most correctly represents the effect of the transaction not www choices may not include ccounts affected Increase conta i ns contact Increase conte n tion in 1750 Increase cachy 33700. Increase con t act D Question 15 1 pts Jellystone lams is a small form that grows and sells berries and am. At the beginning of the current period, the farm completed construction of a new barn that is to be deprecated in the current period using the double declining balance method. Mr. Booboo, the accountant, erroneously used the straight-line depreciation method when calculating this periods depreciation for the new barn What is the effect of this error on Assets, Liabilities, and Stockholders'Equity, respectively? Assets are Oversted Notect on the stockholders'Equitys Overstated A s we understated N ectants Stockholders' Equity is overstated Assets we underst o cton e s and Stockholders is Understated Assets weOverse Nome on l es co u is Understated