At the end of the financial year, the usual adjusting entry for accrued salaries owed to employees was omitted. Which of the following statements is true? Select one: O a. Salary expense for the year was overstated. O b. The total of the liabilities at the end of the year was overstated. O c. Net profit for the year was understated. O d. Shareholders' equity at the end of the year was overstated