Question: What would the effect on Aggie's balance sheet be if adjusting entry ( c ) is not recorded? A . Liabilities overstated and stockholders' equity

What would the effect on Aggie's balance sheet be if adjusting entry (c) is not recorded?
A. Liabilities overstated and stockholders' equity understated
B. Assets overstated and liabilities understated
C. Assets overstated and stockholders' equity understated
D. Assets understated and stockholders' equity overstated
E. There will be no effect on Aggie's balance sheet.
What would the effect on Aggie's balance sheet be if adjusting

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