Question: If the following adjusting entry is omitted, what effect will it have on net income? Depreciation Expense 3 , 9 0 0 Accumulated Depreciation 3

If the following adjusting entry is omitted, what effect will it have on net income?
Depreciation Expense3,900Accumulated Depreciation3,900
a. Net income will be overstated by $7,800.
b. Net income will be understated by $3,900.
c. Net income will be overstated by $3,900.
d. It will have no effect on net income.

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