Errors and Frauds. Give an example of an error or fraud that would misstate financial statements to affect the accounts as follows, taking each case independently. (Note: Overstate means the account has a higher value than would be appropriate under GAAP and understate means it has a lower value.)

a. Overstate one asset; understate another asset.

b. Overstate an asset; overstate stockholders equity.

c. Overstate an asset; overstate revenue.

d. Overstate an asset; understate an expense.

e. Overstate a liability; overstate an expense.

f. Understate an asset; overstate an expense.

g. Understate a liability; understate an expense.