Saved Help Save & Exit Subm 4. Suppose that Laramie Company's adjusted trial balance ignored the following information. For each item, indicate what effects, if any, these omissions would have on the stated components of Laramie Company's 2021 Income Statement and 12/31/2021 Balance Sheet. Assume no income taxes. Additional Information 12/3 12/31/2021 Assets $10,000 of the paid and recorded rent expense Book pertains to the year 2022. Understated $ 10,000 No Effect