Assume that accrual basis accounting is used. Which of the following errors would most likely lead to an overstatement of net income in the current year?

Group of answer choices

Recording revenue when the performance obligation is met when cash is collected this year.

Failing to adjust the Unearned Revenue account for the portion of rent earned this year.

Recording an expense when paid next year although it is incurred this year.

Recording revenue when the cash is collected next year although the performance obligation is satisfied in the current year.