1 [15 points] At February month-end, Allarco Inc. gathered the information listed below for the preparation of adjusting entries. Indicate whether the required adjusting entry for each item would cause an increase (+), decrease (-), or has no effect (NE) on each of the components of the accounting equation. If a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a different account, select ( +/-). A = L + E a) $2,950 of the television advertising paid for in advance has been used. b) The monthly depreciation on the building is $290. c) Interest of $50 has accrued on a note payable but is unrecorded. d) $1,600 of the advertising paid for in advance has been published by the newspaper. e) $1,750 of the rent paid to Allarco Inc. in advance has been earned. f) Unrecorded and uncollected consulting fees at the end of the month were $1,500. g) $1,400 of the consulting fees paid to Allarco Inc. in advance has been earned. h) $2,500 of advertising Allarco Inc. placed in the local newspaper is unrecorded and unpaid. i) The monthly depreciation on the furniture is $360. j) $500 of property taxes have accrued and are unrecorded. k) $2,000 of the rent paid in advance has been used. I) Interest of $70 on notes receivable is unrecorded and unpaid. m) $1,000 of the rent paid in advance has expired. n) The estimated monthly depreciation on the equipment is $450. o) Accrued salaries at month-end totalled $9,500. NE + +/