can someone help me?? please show detailed work

HOMEWORK 2 PART I: Use the information below to answer the questions on the next page. phics Company was organized on January 1, 2017. The trial balance before adjustment at December 31, 2018 contained the following account balances: Comet Graphics Company Unadjusted Trial Balance December 31, 2018 Credits Debits $9,500 14,000 2,700 1,800 45,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Note Payable Common Stock Retained Earnings Dividend Graphic Fees Revenue Consulting Fees Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense 9,000 17,000 15,000 12,000 2,000 52,100 5,000 30,000 1,900 1,500 1,700 $110,100 $110,100 Part 1: Answer each of the following independent questions in the space proy multiple-choice answer he space provided or by circling the correct 1. Assume that Comet Graphics Company has completed their fina information to their shareholders. Then, in January 2019, Comet Co. recer So, which relates to utilities used in December 2018. This $500 was not co o ninancial statements. Determine whether the effect of this error resulted overstatement (O), or no effect (NE) on 2018 Net Income, Assets, Liability their financial statements for 2018 and sent the et Co. receives a bill from their utility provider S $500 was not considered when preparing this error resulted in an understatement (U), Income, Assets, Liabilities, and SHE. Shareholder's Equity Net Income Liabilities