Identify the Effect (A Through H) That Omitting Each of the Following

Multiple Choice

Identify the effect (a through h) that omitting each of the following items would have on the balance sheet.
-Interest earned on a note receivable was not recorded.

A) Assets and owner's equity overstated
B) Assets and owner's equity understated
C) Assets overstated and owner's equity understated
D) Assets understated and owner's equity overstated
E) Liabilities and owner's equity overstated
F) Liabilities and owner's equity understated
G) Liabilities overstated and owner's equity understated
H) Liabilities understated and owner's equity overstated