same question just 2 pics

Effects of Errors on Financial Statements For a recunt you, the balance sheet for The Alphabet Soup Company include scerved expense of 8741.800. The income before tres for The Alphabet lieup Company for the year com $20.000 ..Ansure the adjusting entry for $741.600 of accrued expenses was not recorded at the end of the year. Dy how much would income before to have been mutated? b. What is the percentage of the mistatement in (a) to the reported income of $720,000 Hound to one decimal place mentessionLocator inprogress=false M Gmail YouTube Maps ebook Show Me How Determining Rxed Asset's Book Value The balance in the equipment account is $3,000,000, and the balance in the accumulated depreciation equipment account is $1.970,000. . What is the book value of the equipment? b. Does the balance in the accumulated depreciation account mean that the equipment's lows of value is $1,976,000? because depreciation is an allocation of the cost of the equipment to the periods benefiting from its use. No a. Review the definition of the term book value Recall that the original cost of equipment is not directly adjusted. However, accumulated depreciation is maintained to show the allo b. Review the definition of the term depreciation'. Does deprecation attempt to facilitate the measurement of market values? Learning Objective