Question: If the following adjusting entry is omitted, what effect will it have on the financial statements? Unearned Rent 2 , 7 0 0 Rent Revenue

If the following adjusting entry is omitted, what effect will it have on the financial statements?
Unearned Rent
2,700
Rent Revenue
2,700
a. Revenues will be understated by $2,700.
b. There will be no effect on net income.
C. There will be no effect on liabilities.
d. Revenues will be overstated by $2,700.
If the following adjusting entry is omitted, what effect will it

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