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9. Identify the impact on the income statement and balance sheet if adjusting entries for the following situations were not recorded (Click the icon to
9. Identify the impact on the income statement and balance sheet if adjusting entries for the following situations were not recorded (Click the icon to view the adjusting entries for each situation.) (For each situation, select two items impacted for the income statement and two items impacted for the balance sheet. Abbreviations used: A/D Accumulated Depreciation.) Impact on: Situations Income Statement Balance sheet More Info a. Office Supplies used, $800. b. Accrued service revenue, $4,000. c. Depreciation on building, $3,500. d. Prepaid Insurance expired, $650 e. Accrued salaries expense, $2,750. f. Service revenue that was collected in advance has now been earned, $130. Print Done
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