23 A company made no adjusting entry for accrued and unpaid employee salaries of $7,300 on December 31. Which of the following statements is true?.. O It will understate expenses and overstate net income by $7,300. O It will have no effect on income. It will understate assets by $7,300. O It will overstate assets and liabilities by $7,300. O It will understate net income by $7,300. 2.5 pts