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The accountant of Peyton Financial Services failed to make an adjusting entry to record $ 7 , 0 0 0 of depreciation expense. Which of
The accountant of Peyton Financial Services failed to make an adjusting entry to record $ of depreciation expense. Which of the following statements is true?
A The total expenses will be overstated
B The total expenses will be understated.
C The total revenue will be overstated
D The total revenue will be understated
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
