Failure to accrue revenues has what effect on the following? Select one Assets Overstated Liabilities Net Income No error Overstated Liabilities Net Income Understated Overstated ob Understated Asses Understated No error Net Income Understated Od Assets No error Understated Net Income Overstated Assets No error NetIncome Understated Understated Clear my choice Which of the following accounts appears on the income Statement? Select one 2. Prepaid Expense Deven Uneamed Revenue d. Accumulated Depreciation