Moving to another question will save this response Question 5 of 12 Save Answer Questions 3 points Lancaster Lumber's accounting manager was reviewing the quarter end trial balance. She noticed that $1,100 in rent collected in advance from a customer had been earned in the quarter. The account showed no changes from the $1,100 originally recorded. If the appropriate adjusting entry is NOT made, what is the impact on the trial balance accounts? O A Liabilities would be understated Revenues would be overstated O B. Liabilities would be overstated: Revenues would be understated OC. Assets would be understated: Expenses would be overstated OD Liabdities would be understated, Expenses would be overstated