The Accountant for the a Company forgot to make an adjusting entry to record depreciation for the current year.  The effect of this error would be: a                      An overstatement of net income and an understatement of assets. b                      An overstatement of assets offset by an understatement of owners' equity. c                      An overstatement of assets, net income, and owners' equity. d                      An overstatement of assets and of net income and an understatement of owners' equity.

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