An accountant made the following adjustments at December 31, the end of the accounting period: a. Prepaid insurance, beginning, 5680. Payments for insurance during the period, $2,300. Prepaid insurance, ending. 5760. b. Interest revenue accrued, 5800 c. Unearned service revenue, beginning, S1,000. Uneared service revenue, ending, $600. d. Depreciation, 56,100 e. Employees' salaries owed for three days of a five-day work week, weekly payroll, 57,500. f. Income before income tax, 519,000. Income tax rate is 25%. Required 1. Journalize the adjusting entries 2. Suppose the adjustments were not made. Compute the overall overstatement or understatement of net income as a result of the omission of the To accrue income tax expense Requirement 2. Suppose the adjustments were not made. Compute the overall overstatement or understatement of net income as a result of the omis adjustments Select the account from the list and enter the amount of either the overstatement or understatement of the net income as a result of omitting these adju (Use parentheses or a minus sign when entering understatements. Leave unused cells blank. Complete the entire table before checking you Overstated by omission of Insurance Expense Choose from any list or enter any number in the input fields and then continue to the next