The Gillespie Company, in making its 12/31 adjusting journal entries, overstates the accrual of revenues $400 and understates depreciation by $300. Indicate the effect of the errors Select one: O a 12/31 Total Assets 12/31 Working Capital Overstated 5700 Overstated $100 Ob. 12/31 Total Assets 12/31 Working Capital Overstated $700 Overstated $400 . 1231 Total Assets 12/31 Working Capital Overstated $400 Overstated $100 O d. 12/31 Total Assets 12/31 Working Capital Understated $100 Understated $100 O. 12/31 Total Assets 12/31 Working Capital Understated $100 No Effect