Assume that a few months ago, a customer paid me in advance for a service to performed later. The payment was recorded as a debit to Cash and a credit to Unearned Revenue. Months later, the service has been performed but no adjusting entry has been made. At the end of the accounting period, if no adjusting entry is made, the effect would be ___________

		Assets would be overstated (too high)
		Liabilities would be overstated (too high)
		Revenues would be overstated (too high)
		Expenses would be understated (too low)