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Which of the adjusting entries at year-end net assets

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Problem 1: Year-end net assets (assets minus liabilities) would be overstated and current expenses would be understated as a result of failure to record which of the following adjusting entries?

a. Expiration of prepaid insurance
b. Depreciation of fixed assets
c. Accrued wages payable
d. All of these

Reference no: EM132654582

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