Bon Appetite Caf contracted and paid for an expensive advertisement in Haute Cuisine magazine. Despite the fact that the ad will appear in Haute Cuisine three months after the end of Bon Appetite Caf's current fiscal year, the Cafe's accountant recorded the advertising expense when the payment was made. As a result, how will this year's financial statements of Bon Appetite Caf be affected? A Net income will be overstated and total assets will be understated. B Net income will be overstated and total assets will be overstated. C Net income will be understated and total assets will be understated D Net income will be understated and total assets will be overstated.