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.)

! Required information For each of the following transactions for the Sky Blue Corporation: a. Collected $2,550 rent for the period October 1 to December 31, which was credited to Deferred Revenue on October 1. b. Paid $1,320 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that amount. c. Used a machine purchased on October 1 for $48,600. The company estimates annual depreciation of $4,860. 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 Assets Liabilities Stockholders' Equity a. b. C