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The accountant expensed a cost that should have been recorded as an asset Consequently, which of the following is true? OA Revenue is overstated missing
The accountant expensed a cost that should have been recorded as an asset Consequently, which of the following is true? OA Revenue is overstated missing to record an expense would overstate revenue OB. Assets are overstated, as the cost should have been recorded as an asset OC. Expenses are overstated, as the cost should have been recorded differently OD. Liabilities are overstated, as the cost gave rise to a current accounts payable Click to select your answer c i O Type here to search C C e
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