Ringgold Company experienced an event that affected its financial statements as indicated below = Liabilities: Equity Revenue Expense Net income Assets Manufacturing Work in process overhead inventory (1,200) 1,200 n/a + n/a n/a a n/a Which of the following accounting events caused the indicated effects on the company's accounting equation? Multiple Choice Actual overhead cost was incurred Underapplied overhead was written off Estimated overhead was charged to production None of these answers are correct