CALCULATOR FULLSCREEN pRINTER VERSION BACK NEXT Adjustment (a) Services performed but unbilled totals $600. Expenses Understated (b) Store supplies of $160 are on hand. The supplies account shows a Assets Overstated $1,900 balance. Liabilities Understated Assets Understated Revenues Understated Liabilities Overstated Revenues Overstated Expenses Overstated (c) Utility expenses of $275 are unpaid. Accrued Expenses (d) Service performed of $490 collected in advance. (e) Salaries of $620 are unpaid. Accrued Expenses Y (f) Prepaid insurance totaling $400 has expired. Prepaid Expenses