Dittman's Vaniety Store is complieting the accounting process for the current year just ended, December 31. The transactions during year have been jounalized and posted. The following data with respect to adjusting entries a Wages earned by employees dring December unpad and uneorded at December 31,amonted to $3.600. inst payrol was December 29;fonext payrol wdbeJaury bOfico supp les on hand at January 1 ofthe arrent year tot ied totaled e300fico suppes p chased and debted to Ofico Suppies duing the year ama rted to $770 The yea 4nd court sho ved S3suplies on hand e One fourth of the basement space is rented to Healds Speciality Shop for $850 per month, payable monthly A the end of the cument year, the rent for Novermber and December had not been colected or recorded. Colecions d. The store used delivery equipment all year thet cost $60 ,500: $18,800 was re etimated annual depreciation .OnJuly 1 ofthe current year, a two-year naranco premunamo ning to $2.940 was cash and debited i, ful to Prepad insurance. Coerage began on July,ofto armt year. The remaining basement of he store is ented for $1,780 per month to another merchant, M. Caros, Inc Carlos sells compatible, but not competitive, merchandise On November 1 of the current year, the store colected si months' rent in the amount of $10,680 in advance trom Carlestwasredited in fulto Uneamed Rent Revenue when colected Dittman's Varielty Store operates a repair shop to meet its own needs. The shop also does repairs for M. Carlos. Al the end of the current year, Carios had not paid $980 for completed repairs. This amount has not yet been recorded as Repair Shop Revenue Collection is expected during January of next year Required For each of the transactions above, indicate the amount and direction of effects of the adusting entry on the elements of the balance sheet and income statement Using the table below, indicate + for increase and-for decrease