In preparing its adjusting entries at the end of this year, Rajah Company neglected to adjust the Unearned Service Fees account for the amount of such fees earned during the year. This error Select one: O a. Understates this year's net income and retained earnings at year-end and overstates liabilities at year-end O b. Overstates this year's net income and retained earnings at year-end and understates liabilities at year-end c. Understates this year's net income and understates both retained earnings and liabilities at year-end O O d. Overstates this year's net income and overstates both retained earnings and liabilities at year-end