问题
单项选择题
A company receives a payment of $10000 on 1 December, for rent on a property for December and January. On receipt, they correctly record it as cash and unearned revenue. If at 31 December, their year-end, they failed to make an adjustment entry related to this payment, what is the effect on the financial statements for the year（）
A. Assets are overstated by $5000 and liabilities are overstated by $5000.
B. Assets are overstated by $5000 and owner’s equity is overstated by $5000.
C. Liabilities are overstated by $5000 and owner’s equity is understated by $5000.
答案
参考答案：C
解析：
[分析]： 该厂商应当从递延收入账户(负债)中扣除5000美元并增加5000美元的收入。由于该厂商未在年末进行上述财务报表的调整，因而其负债被高估5000美元，所有者权益被低估5000美元。 [考点] 权责发生制及相关调整