Adjusting Entries Selected account balances before adjustment for Intuit Realtyy at November 30, the end of the current year, follow: Debits Credits Accounts Receivable $69,200 Equipment 107,000 Accumulated Depreciation - Equipment $10,660 Prepaid Rent 8,700 Supplies 2,080 Wages Payable Unearned Fees 9,550 Fees Earned 404,130 Wages Expense 136,320 Rent Expense Depreciation Expense Supplies Expense Data needed for year-end adjustments are as follows: Supplies on hand at November 30, $620. Depreciation of equipment during year, $1,040. Rent expired during year, $6,370. Wages accrued but not paid at November 30, $2,010. Unearned fees at November 30, $4,010. Unbilled fees at November 30, $4,770. 3. What would be the effect on the balance sheetY the adjustments for equipment depredation and uneamed fees were omitted at the end of the year? Enter all amounts as positive numbers understeted Accumulated depreciation by 1,040 overstated by $ Total assets overstated Unearned fees by s 5540 Total Eabilities overstated by s Retained earrings understated v by s overstated by s Total Sabilities and Stockholders equity