Current Attempt in Progress On January 1, Marigold's Furniture Repair Shop purchased parts on account for $880. Marigold paid the entire balance on January 31 and recorded the payment by cebuting succes for Samo and crediting Cash for $860. On the January 31 financial statements O assets and liabilities will be understated. O assets and liabilities will be overstated O expenses and liabilities will be overstated. assets and expenses will be understated Current Attempt in Progress The principal amount of a 54200,8%, 3-month note receivables $4256 $4224 $4200 O $4536 Save for Later