a. Wages of $858 for the last three days of the fiscal period have not been accrued. b. Interest of $130 on a bank loan has not been accrued. c. Interest on bonds payable has not been accrued for the current month. The company has outstanding $420,000 of 8.5% bonds. d. The discount related to the bonds in part c has not been amortized for the current month. The current month amortization is $50. e. Product warranties were honored during the month; parts inventory items valued at $795 were sent to customers making claims, and cash refunds of $425 were also made. f. During the fiscal period, advance payments from customers totaling $1,800 were received and recorded as sales revenues. The items will not be delivered to the customers until the next fiscal period. Record the appropriate adjustment. Exercise 7-21 (Algo) Part 1 Required: a-1. Show the effect, if any, of each of the transactions/adjustments on the appropriate balance sheet category or on the income statement by selecting the amount and indicating whether it is an addition (+) or a subtraction (-). Transaction/ Adjustment a. Current Assets Current Liabilities Long-Term Debt Net Income b. C. d. e. f.