A company pays its employees every Friday. This year, the companys year ends on a Wednesday. If it does not to accrue salaries for the week, how will the financial statements be affected? net income will be overstated; assets will be overstated; liabilities will not be affected net income will be understated; assets will not be affected; liabilities will be overstated net income will be understated; assets will be understated; liabilities will not be affected net income will be overstated; assets will not be affected; liabilities will be understated