Hot Diggity Dog recognized revenue for a sale of goods this month that should be recognized next month. What is a consequence of this on its financial statements?

Hot Diggity Dog recognized revenue for a sale of goods this month that should be recognized next month. What is a consequence of this on its financial statements?

Gross profit for next month is overstated

Gross profit for this month is overstated

Revenue for this month is understated

Cost of goods sold for this month is neither overstated nor understated