Complan Harness Shop received $$2,000$ cash for harness

services to be provided in the future. The full amount was

credited to the liability account Unearned Harness Fees. If the

Harness services have been provided at the end of the

accounting period and no adjusting entry is made, this would

cause

Select one:

expenses to be overstated.

profit to be overstated.

:$.$ revenues to be understated.

liabilities to be understated.