Ivanhoe Company accumulates the following adjustment data at December $31.$

For each item, indicate $(1)$ the type of adjustment $($prepaid expense, unearned revenue, accrued revenue, or accrued expense$)$ and $(2)$ the status of the accounts before adjustment $($overstated or understated$).($Enter your answers in alphabetical order.$)$

$(1)$

Type of Adjustment

Unearned Revenues

b$.$ Store supplies of $$170$ are on hand. The supplies account shows a $$2,052$ balance.

c$.$ Utility expenses of $$304$ are unpaid and unrecorded.

d$.$ Services performed of $$532$ have been collected in advance.

e$.$ Salaries of $$664$ are unpaid and unrecorded.

f$.$ Prepaid insurance totaling $$432$ has expired.

$(2)$

Accounts Before Adjustment

Assets Overstated Assets Understated Expenses Overstated Expenses Understated Liabilities Overstated Liabilities Understated Revenues Overstated Revenues Understated