Indicate how the following errors would affect income and owners' equity.Use the symbol + (plus)for Overstated,- (minus)for Understated by,and 0 (zero)for no effect or error offset.

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The Answer of Indicate how the following errors would affect income and owners' equity.Use the symbol + (plus)for Overstated,- (minus)for Understated by,and 0 (zero)for no effect or error offset.

Indicate How the Following Errors Would Affect Income and Owners