SHOW W Connect Assignment #2 (Ch 4) i 1 W A Z M Saved G U M M U M Connect... Help Save & Exit Submit In preparing its 2012 adjusting entries, Rainer Ltd. forgot to make an adjustment for services rendered to customers who had paid in advance the previous period. As a result: 0.15 points Multiple Choice eBook Mc Graw Hill 1 i F1 A 8. 2012 net income is overstated, the balance in Retrained Earnings is overstated and assets are overstated None of the other alternatives are correct 2012 net income is understated, the balance in Retained Earnings is understated and assets are understated 2012 net income is overstated, the balance in Retained Earnings is overstated and assets are correctly stated 2012 net income is understated, the balance in Retained Earnings is understated and liabilities are understated F2 80 F3 @ 2 W .... #3 E LLI < Z on S 3 >>> ^ 3 X b H command C 000 F4 < Prev 1 of 10 Next > MacBook Air F5 F6 AA F7 DII F8 DD F9 & * ( 7 V 8 A 9 20 Y : U 3: O $ 4 R 6: " % 205 5 0 67 T : 'J D F LL C i C. Gr J. V G H J Bi - :) . K L N ! M 9 699 H F10 F11 P 1 21 2 + "/ F12 { } ] = > ? command option