Austin Acoustics reoceded the following transwetions during October: 19. (Click the icon to view the tramactions.) Indicate if an adfusting entry is needed for each tem on Cetober 31 for the menth of Oetober. Assuming the adjusting entry is not made, indeate which specilc calegory or calepories of accourta on the financial statements are misstated and t they are overatated or understabed Uee the folowing tablo as a guide. liem a is ocmplebed as an enample. More info a. Received $2,500 cash from customer for three months of service beginning October 1 and ending December 31 . The company recorded a $2,500 debit to Cash and a \$2,500 credit to Unoamed Revenue. b. Employees are paid $3,000 on Monday following the fwe-day work wook. October 31 is on Friday. c. The company pays $440 on October 1 for its six-month auto insurance policy. The company recorded a $440 debit to Prepaid Insurance and a $440 credit to Cash. d. The company purchasod office fumiture for $8,300 on January 2 . The company recorded an $8,300 debit to Office Furniture and an $8,300 credit to Accounts Payable. Annual depreciation for the furniture is $1,000. - The company began October with $50 of office supplies co hand. On October 10 , the company purchesed office supplies on account of $100. The company recorded a $100 dobit to Otlice Supples and a $100 credit to Acoounts Payable. The company used $120 of office supplies during October: f. The company received its electric bil on October 31 for $325 but did not pay at until November 10. g. The company paid November's rent of $2,500 on October 30 . On October 30 , the company recorded a $2,500 debit to Rent Expense and a $2,500 credit to Cash. t made, indicale which specific categary or categones of accounts nploted as an example: 7. and do not select any othor labols.) Print Done