No entry was recorded for the exchange of stock for land. This error would cause: the period end stockholders' equity to be understated b. the period...

No entry was recorded for the exchange of stock for land. This error would cause:

a. the period end stockholders' equity to be understated

b. the period end stockholders' equity to be overstated

c. the period's net income to be understated

d. a and c only