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Al Mary month and, Velorinc gathered the information listed below for the preparation of adjusting entries. Indicate whether the required adjusting entry for each item

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Al Mary month and, Velorinc gathered the information listed below for the preparation of adjusting entries. Indicate whether the required adjusting entry for each item would cause an increase ( ). decrease or has no effect (NE) on each of the components of the accounting equation of a transaction causes a decrease in one component of the accounting equation and also an increase in the same component but in a different account, select() A = LE a Consulting work performed but unrecorded at the end of the month totalled $6.000 53,400 of the 55.000 consuming fees paid to Velorine, in advance has not yet been med CI $1250 of the surance policy purchased in advance has expued at there and to Velorinc in advance $250 has been earned e) Areview of the $12.000 unajusted balance in the prepaid rent accountstows a remaining balance of $8250 at the end of the month 1 $440 ot interest has cued on a note receivable and unrecorded g) A review of the 330,000 unapusted balance in the prepaid insurance account shows a remaining balance of $27.000 the end of the month h). $900 of property taxes have accred and are unrecorded $2.000 of the rent paid in advance has been used 520 000 of the rent pod in advance has expired 137500 of sing Velor inc placed in the local newspaper is recorded and unpaid 11 $100 of forests accrued on a note payable and is uncecorded m) 52 200 of the television advertising paid for in advance has been used ni Alview of the 12000 unajusted balance in the supplies account shows a balance on hand at the end of the month of $41.450 oj The monthly depreciation on the furnitures 5210

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