Question: Answer is supposed to be understated but why?? This is all the info given. Please explain! 1. You read the following JE that contains an

Answer is supposed to be understated but why?? This is all the info given. Please explain!

1. You read the following JE that contains an error: Dr. PPE 40,000 Dr. Tariff Expense 4,000 Cr. Cash 44,000 (5 points) Nobody fixed the error yet. Are this company's assets overstated or understated

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