Cash Account Titles Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation. Accounts Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense) Totals Other data not yet recorded at December 31 a. Rent expired during the year, $1.170. b. Depreciation expense for the year, $1,130. c. Utilities used and unpaid, $8,700. d. Income tax expense, $360. Debit $11,700 5,700 Credit 2,340 20,700 $1,130 1,130 24,500 1,800 48,780 24,700 12,200 $ 77,340 $ 77,340 quired: Indicate the accounting equation effects of each required adjustment. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) ansaction a b. c d Assets Liabilities . Stockholders' Equity