If the adjusting entry to accrue interest on a note receivable is omitted, then
A. assets, net income, and stockholders' equity are overstated.
B. assets are overstated, net income is understated, and stockholders' equity is understated.
C. liabilities are understated, net income is overstated, and stockholders' equity is overstated.
D. assets, net income, and stockholders' equity are understated.