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

Indicate $(1)$ the type of adjustment $($prepaid expense, accrued revenue, and so on$)$ and $(2)$ the status of the accounts before adjustment $($overstated or understated$).($Enter your answers in alphabetical order.$)$

$\backslash$table$[[,$Item,$\backslash$table$[[(1)],[$Type of Adjustment$]],\backslash$table$[[(2)],[$Accounts Before$],[$Adjustment$]]],[$a$.,\backslash$table$[[$Supplies of $$512$ are on hand. Supplies account shows $$2,048$