Use the information to answer the following quen one you to determine what effect in these whaw the dock are not corrected or updated. Assume no Incon Match the impact of the above omission on Assets, labies Owners Equity and commit No Effect Overstated Understated Be sure to record the entry that SHOULD HAVE been made on your scrap paper) in order to properly determine the other Additional Information 12/31 The Year 12/31 This Year Assets Listes 12/31 The Year Owner tout Net Cash dividends declared and paid Jon December 15, this year, were not recorded ssets Choose bilities Choose Choo Use the information to answer the following quen one you to determine what effect in these whaw the dock are not corrected or updated. Assume no Incon Match the impact of the above omission on Assets, labies Owners Equity and commit No Effect Overstated Understated Be sure to record the entry that SHOULD HAVE been made on your scrap paper) in order to properly determine the other Additional Information 12/31 The Year 12/31 This Year Assets Listes 12/31 The Year Owner tout Net Cash dividends declared and paid Jon December 15, this year, were not recorded ssets Choose bilities Choose Choo