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total assets or total liabilities will be understand or outstand - ? total revenue or total expenses will be overstated or understated The accountant for

total assets or total liabilities will be understand or outstand - ?

total revenue or total expenses will be overstated or understated

The accountant for Jones Auto Repair, Inc. failed to make an adjusting entry to record $7,000 of depreciation expense. Which of the following is an effect of this omission? The [Select] will be Select ]

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