Question: Help Save & Exit Submit Assume that a firm reports net income of $45.000 prior to making adjusting entries for the following items: expired rent,

Help Save & Exit Submit Assume that a firm reports net income of $45.000 prior to making adjusting entries for the following items: expired rent, $3,500: depreciation expense, $4,100; and supplies used, $1,800. Assume that the required adjusting entries have not been made. What effect do these errors have on the reported net income

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