The Accountant of Skyscrapers Architectural Services Failed to Make an Adjusting

question 90

Multiple Choice

The accountant of Skyscrapers Architectural Services failed to make an adjusting entry to record $7,000 of depreciation expense.Which of the following statements is true?

• A)The total liabilities will be overstated.
• B)The equity will be understated.
• C)The total assets will be overstated.
• D)The total assets will be understated.

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Definitions:

Passive Stretching

Stretching muscles by using external forces, such as gravity or another person, without the individual's active contribution.

Static Stretching

A form of stretching exercises where you hold a position for a specific period to lengthen and loosen the muscles.

Muscle Fitness

The state of being physically strong and healthy, especially as a result of exercise, focusing on the muscles' strength, endurance, and flexibility.

Optimal Force

The best or most effective force that can be applied in a given situation to achieve a desired outcome.