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The omission of the adjusting entry to record rental expense will result in an: overstatement of assets and an overstatement of liabilities. overstatement of assets

The omission of the adjusting entry to record rental expense will result in an:

overstatement of assets and an overstatement of liabilities.

overstatement of assets and an overstatement of owner's equity.

overstatement of assets and an understatement of owners' equity.

understatement of liabilities and an understatement of owners' equity.

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