Multiple Choice Question 157 If unearned revenues are initially recorded in revenue accounts and not all the related services been performed at the end of the accounting period, then failure to make an adjusting entry will cause O liabilities to be overstated. O accounts receivable to be overstated. O revenues to be understated. O revenues to be overstated. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used