entries have been recorded. In December 2021, XYZ declared cash dividends on common stock of $50,000 that will be paid in January 2022. No entry has been recorded $20,000 in depreciation on some equipment was still unrecorded. $10,000 of the rent paid and recorded as expense this year pertains to 2022. No further entries have been recorded. On December 31, 2021, XYZ received a utility bill for December electricity usage of $190 that will be paid in early January of 2022. No entry has been recorded Supplies purchased during 2021 for $1,000 casti were recorded by a debit to Supplies expense and a credit to Cash Only $200 of supplies remain at the end of the year, but no further estros have been recorded. Moving to another question will save this response Question 11 of 16 estion 11 20 points Save As Use this information to answer the following questions: (20 points) You are reviewing O'Brian Co's adjusted trial balance for the year ended 12/31/2021. You notice several omissions, incorrect items and additional information during your review, some of which are noted below. For each one, you are to determine what effect, if any, these items would have on the stated components of O'Brian Co.'s 2021 Income Statement and 12/31/2021 Balance Sheet if they are not corrected or updated. Assume no Income taxes. An answer (N, O or U) must be provided in each individual square. Do not include dollar amounts Use the folloning code for your answers. N No Effect 0 Overstated U Understated Copy the table below to answer in the given table format: 12/31/2001 12/31/2001 12/31/1991 Traction Information 12/01/2021 12/31/2021 Ash 12/11/2021 Liables Equity Net Income RE Espres ecco 57000 * Tote of this Now I 2 Contact yene Tutti Gece 530 est A O Copy the table below to answer in the given table format: 12/31/2021 12/31/2021 12/31/2021 12/31/2021 Transaction information 12/31/2021 12/31/2021 Assets Liabilities Equity Net Income Revenue Expenses Uncollectible accounts of 57,000, as a percentage of sales, are estimated at the end of the year. No entry has not been recorded. XYZ Co initially records the payments of all insurance premiums as expenses. The trial balance shows a balance of $420 in Insurance expense. A review of insurance policies reveals that $125 of insurance is unexpired $10,000 of the received and recorded rent revenue pertains to the year 2022. No further entries have been recorded $2,000 interest on a note receivable was not yet received of recorded During 2021, the company received a $6500 cash advance from a customer for merchandise to be manaactured and shipped 2022. The $6500 was credited to deferred fevere. No further erstties have been recorded