Effect of Adjustments on the Financial Statements VanBrush Enterprises, a painting contractor, prepared the following adjusting entries at year end: a. Wages Expense 2,550 Wages Payable 2,550 b. Accounts Receivable 8,110 Service Revenue 8,110 c. Unearned Service Revenue 5,245 Service Revenue 5,245 d. Rent Expense 3,820 Prepaid Rent 3,820 Required: Show the effect of these adjustments on assets, liabilities, equity, revenues, expenses, and net income. If there is no effect, leave it blank. Enter decreases as negative numbers. a. b. C. d. Assets Liabilities Stockholders' Equity Revenues Expenses Net Income