Booking com B Booking.com hapter 10 Lab Saved Exercise 10-6 Varlous liabilitles LO2 15 Designer Architects had the following additional information at its November 30, 2020. year-end: 5 pints a. The Unearned Revenue account showed a balance of $66.000, which represented four months of services paid in advance by a client for services beginning on October 15, 2020. b. The payroll register showed the following unpaid amounts as at November 30: eBook EIM Premium 120.41 Income Taxes 1,330.00 Net CPP 223.98*** Total Deductions 1,674.39 Payable 3,425.61 Office Salaries 2,900.00 Sales Salaries 2,200.00 Print *These values are based on assumed payroll deductions. **The employer's portions of El and CPP are 1.4 times and 1 times the employees' portion, respectively. References c. The November utility bill in the amount of $2,560 was unpaid and unrecorded at November 30. Requlred: Prepare the appropriate entries at year-end based on the above information: (Round the final answers to 2 decimal places.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 Nov 30, 2020 Unearned revenue 24.750.00 Service revenue 24.750.00 2 Nov 30, 2020 2.900.00 2,200.00 Office salaries expense Sales salaries expense Employees' income taxes payable El payable CPP payable 1,330.00 120.41 223.99 hazon ca - Onlin... Amazon.ca - Online... B Booking com B Booking.com Saved c. ine November utility bill in the amount or $4,560 was unpaid and unrecoraea at November 30. Required: Prepare the appropriate entries at year-end based on the above information: (Round the final answers to 2 decimal placer.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 Nov 30, 2020 Unearned revenue 24,750.00 Service revenue 24,750.00 2 Nov 30, 2020 2,900.00 2,200.00 Office salaries expense Sales salaries expense Employees' income taxes payable El payable CPP payable Salaries payable 1.330.00 120.41 223.98 3.425.61 3 Nov 30, 2020 392.55 CPP expense El payable CPP expense 168.57 223.98 4 Nov 30, 2020 Utilities expense Accounts payable 2,560.00 2,580.00 500 Analysis Component the above entries are not recorded on November 30, 2020, what is the effect on the income statement and the balance sheet? (Enter all value as positive values. Round Intermedlate and the final answers to 2 decimal places. Select "No effect" in case of no effect on Income statement and Balance sheet.) erences Deseription The income statement would be Effect Amount understated by On the bzance sheet 2 tes would be On the baance sheet equity would be overstated by understated by no erect On the baance sheed assets would be 0.00