An accountant made the following adjustments at December 31, the end of the accounting period: (Click the icon to view the adjustments.) Read the requirements. Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Prepaid insurance, beginning, $300. Payments for insurance during the period, $3,000. Prepaid insurance, ending, $700. a. Journal Entry Accounts Debit Credit b. Interest revenue accrued, $2,200. Journal Entry b. Accounts Debit Credit c. Unearned service revenue, beginning, $2,000. Unearned service revenue, ending, $400. Journal Entry Accounts Debit Credit d. Depreciation on building, $5,800. Journal Entry d. Accounts Debit Credit f. Income before income tax, $22,000. Income tax rate is 35%. f. Journal Entry Accounts Debit Credit e. Employees' salaries owed for two days of a five-day work week; weekly payroll, $16,000. e. Journal Entry Accounts Debit Credit Requirement 2. Suppose the adjustments were not made. Calculate the overall overstatement or understatement of net income resulting from the omission of these adjustments. Enter the amounts of either the overstatement or understatement of net income as a result of omitting these adjustments. (Use parentheses or a minus sign when entering understatements.) Net income over (under) statement as a result of omission Insurance Expense Interest Revenue Service Revenue Depreciation Expense Salary Expense Income Tax Expense Total over (under) statement of net income