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1 of 4 ts 02:20:30 T North Star prepared the following unaajusted trial paiance at the ena or its second year or operations ending December 31. Account Titles Credit Debit $ 11,700 Cash Accounts Receivable 5,700 2,340 Prepaid Rent Equipment 220,700 Accumulated Depreciation $ 1,130 Accounts Payable Income Tax Payable Common Stock 1,130 0 24,500 1,800 48,780 Retained Earnings Sales Revenue Salaries and Wages Expense 24,700 12,200 Utilities Expense Rent Expense 0 0 Depreciation Expense Income Tax Expense 0 Totals $77.340 $ 77,340 Other data not yet recorded at December 31: a. Rent expired during the year, $1,170. b. Depreciation expense for the year, $1,130 c. Utilities used and unpaid, $8,700, d. Income tax expense, $360.. Required: 1. Indicate the accounting equation effects of each required adjustment (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sian.)