Yasser company pays its employees total salaries of $10,000 every Monday for the preceding 5-day week (Monday-Friday). On Monday, December 27, 2011, employees were paid for the week ending December 24, 2011. All employees worked the five days ending December 31, 2011. if the proper adjusting entry is not made on December 31, 2011, then Select one: revenues will be understated by $10,000. Net income will be understated by $10,000. expenses will be overstated by $10,000. retained earnings will be overstated by $10,000