Can someone please explain to me in words why

Thanks!

Part 3 Assume that Soze's accountant had forgotten to make the two adjusting entries proceeded to create financial statements using the incomplete, incorrect data. How wou omissions affect the following accounts overstate, understate, or no elect Forgetting that the Cargo insurance expired makes: expenser more enten guneler het insurare en pre-peal ismerce ED Revenues 2 Expenses Net income unelertreterly over Assets Undercotelyover Liabilities no effect Owners equity vurderetettel wer statel Forgetting that the consulting services have been performed makes: Revenues undertakeel Expenses mo fhreiben Net income umeleteket Assets no este Liabilities to effect, rover stateel Owners equity Utretentikeel