In 2019, accountant failed to record the depreciation on certain pieces of equipment. This error has not been corrected. This would liabilities to be equity to be revenue to be costs and expenses to be and net income to be cause assets to be equity to be The accountant failed to make an adjusting entry to a portion of the 2020 rent receipts that had been paid by certain tenants for their 2021 rent. This would cause assets to be liabilities to be revenue to be costs and expenses to be and net income to be The accountant failed to accrue the interest on a note receivable. This would cause assets to be liabilities to be equity to be revenue to be costs and expenses to be and net income to be In taking the physical inventory at the end of the 2019. to accountant made a mathematical mistake and overstated the amount of Inventory. The 2020 year-end inventory was correctly taken. This would cause assets to be liabilities to be equity to be revenue to be costs and expenses to be and net income to be At the end of 2020, the accountant failed to record the purchase of inventory in-transit. The goods were purchased FOD Shipping Point and did not arrive until January 2021. This would cause assets to be liabilities to be . equity to be revenue to be costs and expenses to be and net income to be