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The shipping paid on goods purchased F.O.B. Shipping Point was not recorded. This error will cause: A. net income to be understated. B. total liabilities

The shipping paid on goods purchased F.O.B. Shipping Point was not recorded. This error will cause: A. net income to be understated. B. total liabilities to be understated. c. total liabilities to be overstated. D. net income to be overstated

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