How does this omission affect a financial statement?

The accountant for the Bilbo Co., Mr. Baggins, failed to make one or morejournal entries for deferred revenue during 2019. Specically, Bilbo began 2019 with a balance of $800 in deferred revenue related to a service contract that ends in September of 201 9. No entries were made during 2019 related to this contract. This is the only transaction or event that was not properly recorded in 2019. How does this omission affect Bilbo's 2019 financial statements? A g , g a. Reported income is overstated A b. Balance in total assets is understated A c. Balance in total liabilities is overstated A d. Balance in retained earnings is overstated A e. All of the above A f. B and C A g. A and D A h. Mistake has no effect on total assets, total liabilities, or retained earnings