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Because the bookkeeper did not record either of the adjusting entries associated with Transactions A and B (from the information in Q1 and Q2) on

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Because the bookkeeper did not record either of the adjusting entries associated with Transactions A and B (from the information in Q1 and Q2) on December 31, 2019, determine the cumulative effect of all errors on assets, liabilities, and equity, at December 31, 2019. Answer Format: Use O for overstated, U for understated, and NE for No Effect. Do not space between the O/U/NE and the dollar amount of the error. (Example: If Assets are Over by $2,000, record your answer as 02000) Equity Liabilities Net Income Assets

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