31. Saved Account Titles Cash Debit $ 11,300 Credit Accounts Receivable 5,300 Prepaid Rent Equipment 2,260 20,300 Accumulated Depreciation Accounts Payable $1,170 1,170 Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals: Other data not yet recorded at December 31: a. Rent expired during the year, $1,130. b. Depreciation expense for the year, $1,170. c. Utilities used and unpaid, $8,300. d. Income tax expense, $320. 24,100. 1,400 47,420 24,300 11,800 0 0 $ 75,260 $75,260 Required: 1. Indicate the accounting equation effects of each required adjustment. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Help