Assessing Financial Statement Effects of Adjustments L Burnett began Burnett Refinishing Service on July 1. Selected accounts are shown below as of July 31, before any accounting adjustments have been made. Prepaid rent 56.900 Prepaid advertising Supplies 3,000 Unearned refinishing fees Refinishing fees revenue 2,500 Using the following information, prepare the accounting adjustments necessary on July 31 using the financial statement effects template, a. On July 1, the firm paid one year's rent of $6.900 in cash b. On July 1, $630 cash was paid to the local newspaper for an advertisement to run daily for the months of July, August, and September Supplies still available at July 31 total 51.100 d. At July 31, refinishing services of 5800 have been performed but not yet recorded or billed to customers. The firm uses the fees receivable account to reflect amounts due but not yet billed. e. in early July, a customer paid 5600 in advance for a refinishing project. At july 31, the project is one-half complete Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction Note: Indicate a decrease in an account category by including a negative sign with the amount Income Stad Balance Sheet Liabilities Transaction Cash Asset Revenues Noncash Assets Contrib. Capital Earned Capital 0 0 0 0 . 0 0 0 0 . . 0 5 0 0 D . O- . 0 0 . . 0 0 0 Please answer all parts of the question + Income Statement Expenses = Net Income 0 0 = 0 0 = 0 0 0 = 0 0 0 = 0 0 0 0 =