Show Company purchased $$1000$ supplies all paid in cash but failed to record the

transaction. What would be the impact of this error on the following items? $($The answer is not Option C or Option D$)$

Revenue Expenses Net Income Assets Liabilities SE's Equity

a$.$ UnderstatedUnderstated Understated Overstated Understated Overstated

b$.$ Overstated Overstated Overstated Overstated No Impact Overstated

c$.$ No Impact No Impact No Impact No Impact No Impact Understated

d$.$ No Impact UnderstatedOverstated Overstated No Impact Overstated

e$.$ No Impact No Impact No Impact No Impact No Impact No Impact

a$)$ Option $A$

b$)$ Option B

c$)$ Option C

d$)$ Option D

e$)$ Option E