What would be the consequence of not making adjustment entry for accrued expense? Select one: Oa. Overstatement of liabilities O b. Overstatement of expenses c. Understatement of liabilities O d. Understatement of capital Identify the option that is the normal balance of an accumulated depreciation account. Select one: Oa. Both credit and debit Ob. Debit balance Oc, Nil balance