On December 31 (end of the accounting period) a company completed an inventory count and included some merchandise that had been received but was not unpacked. No purchase had been recorded. The error causes: Question 29Select one: a. overstatement of inventory, purchases, and accounts payable. b. understatement of inventory, purchases, and accounts payable. c. understatement of both income and assets by the same amount. d. overstatement of income and understatement of accounts payable