A merchandiser prepares monthly financial statements. On September 30, its accountant made adjusting entries to record.

• $1,757 of wages that were earned by employees in September but to be paid in October
• $5,522 of September interest on a bank loan to be paid in October
• $3,537 of depreciation on factory equipment
• $4,759 of rent and insurance for September that was prepaid on September 1 but had expired
• A shipment of products in September for which customers paid $1,200 in August (the month before)
• $2,535 September utility bill received in April, to be paid in October

What would be the effect of these entries on total equities in September?

What would be the effect of these entries on total liabilities in September?