ed on October 1 for $57,000. The company estimates annual depreciation of $5,700. that amount M4-5 (Algo) Determine Accounting Equation Effects of Deferral Adjustments (LO 4-2] Required: For each of the above transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Transaction a b. a Assets Liabilities Stockholders' Equity