ABC company credited to an income account the total cash collected in advance for services to be provided in the future. If at the end of the fiscal period, the total collected has not yet been accrued and the adjustment is omitted, the consequence will be that the

Select one:

a. Total revenue is going to be underestimated.

b. total debts will be overestimated.

c. total debts will be underestimated.

d. Total assets are going to be overestimated.